Textron Q1 revenue beats estimates on higher aircraft deliveries

Textron

30/04/2026 11:42

Overview

US aerospace and defense firm's Q1 revenue rose 12%, beating analyst expectations

Adjusted EPS for Q1 rose to $1.45 from $1.28 a year ago

Company to separate Industrial segment, focusing on core aerospace and defense units

Outlook

Textron sees 2026 adj EPS between $6.40 and $6.60

Result Drivers

AVIATION DELIVERIES - Higher aircraft deliveries and favorable mix at Textron Aviation drove revenue and profit growth

BELL MILITARY PROGRAMS - Increased military revenues at Bell, mainly from higher MV-75 Cheyenne program volume, offset lower commercial helicopter sales

SYSTEMS VOLUME - Higher volume on Ship-to-Shore Connector and military training programs boosted Textron Systems revenue and profit

Company press release: ID:nBw7tRWL9a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$3.70 bln
$3.52 bln (14 Analysts)
Q1 ADJ EPS from cont ops
$1.45


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy", 13 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the aerospace & defense peer group is "buy."

Wall Street's median 12-month price target for Textron Inc is $99.12, about 10.4% above its April 29 closing price of $89.78

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 13 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)