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TXT — Textron News Story

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Textron Inc reports results for the quarter ended June 30 - Earnings Summary

Textron Inc TXT.N reported quarterly adjusted earnings of $1.55​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.54.  The mean expectation of fifteen analysts for the quarter was for earnings of $1.44 per share. Wall Street expected results to range from $1.39  to $1.52 per share.

Revenue rose 5.4% to $3.72 billion from a year ago; analysts expected $3.64 billion.

Textron Inc's reported EPS for the quarter was $1.35​.

The company reported quarterly net income of $245 million.

Textron Inc shares had risen by 8.6% this quarter and gained 14.0% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 0.7% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 8 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the aerospace & defense peer group is also "buy"

Wall Street's median 12-month price target for Textron Inc is $90.00, about 3.1% above its last closing price of $87.21

This summary was machine generated from LSEG data July 24 at 01:33 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20251.441.55Beat
Mar. 31 20251.121.28Beat
Dec. 31 20241.331.34Beat
Sep. 30 20241.491.40Missed

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