By Paulo Trevisani

 

Raytheon Technologies Corp. on Tuesday reported a negative impact from foreign currency translations on quarterly results.

The Waltham, Mass. aerospace company reported a $69 million hit from foreign exchange rate changes on cash and cash equivalents from continuing operations in the third quarter, reverting a $21 million positive impact a year earlier.

For the nine-month period through September 30, FX had a $10 million positive impact, down from $11 million in the same period of 2020.

The WSJ Dollar Index was up 1.9% in the third quarter, according to Dow Jones Market Data.

 

Write to Paulo Trevisani at paulo.trevisani@wsj.com

 

(END) Dow Jones Newswires

October 26, 2021 15:41 ET (19:41 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
Raytheon Technologies (NYSE:RTX)
Historical Stock Chart
From Nov 2021 to Dec 2021 Click Here for more Raytheon Technologies Charts.
Raytheon Technologies (NYSE:RTX)
Historical Stock Chart
From Dec 2020 to Dec 2021 Click Here for more Raytheon Technologies Charts.