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While the top- and bottom-line numbers for Textron (TXT) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Textron (TXT) came out with quarterly earnings of $1.34 per share, beating the Zacks Consensus Estimate of $1.25 per share. This compares to earnings of $1.60 per share a year ago.
Textron forecast 2025 profit below estimates on Wednesday, after missing quarterly revenue expectations due to the impact of the September strike on its aviation segment and demand softness in its industrial segment.
PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) today reported fourth quarter 2024 income from continuing operations of $0.76 per share, as compared to $1.01 per share in the fourth quarter of 2023. Adjusted income from continuing operations, a non-GAAP measure that is defined and reconciled to GAAP in an attachment to this release, was $1.34 per share for the fourth quarter of 2024, compared to $1.60 per share in the fourth quarter of 2023. Full year 2024 income from continuing ope.
TXT's Q4 results are likely to be impacted by the dismal sales performance delivered by two of its major business segments.
Get a deeper insight into the potential performance of Textron (TXT) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Textron (TXT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The aerospace sector had a strong 2024, but 2025 may be even stronger with lower interest rates, fuel costs, and less regulation under Trump's Presidency. During the year, aerospace giant Boeing Co. NYSE: BA suffered a number of challenges that hurt its reputation, including a $5.5 billion union strike.
Textron Inc. is a mid-cap blend conglomerate, undervalued and overlooked, offering a potential shelter from overpriced tech stocks, with strong brand awareness. Textron's diverse revenue streams include aviation, helicopters, industrial products, and defense systems, with significant backlogs and promising future contracts like the FLRAA project. Textron's financial health is solid, with a BBB credit rating, consistent share buybacks, and steady debt reduction, supporting long-term EPS growth.
Textron (TXT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.