Textron rises on Q1 revenue beat

Textron

30/04/2026 13:14

** Shares of Textron TXT.N up 7% at $96.14 premarket

** The aerospace and defense firm posts Q1 revenue of $3.70 billion, beating analyst average estimate of $3.52 billion, per LSEG data

** TXT cites strength in its aviation unit and higher military program volume

** Says it plans to separate its industrial segment to focus on its core aerospace and defense units

** Posts Q1 adjusted EPS of $1.45, above an expected $1.30

** Seven out of 17 analysts rate stock "buy" or higher, 10 rate it "hold"; median PT at $99.12 - data compiled by LSEG

** As of last close, TXT stock up 2.9% YTD

 (Reporting by Tharuniyaa Lakshmi in Bengaluru)

 ((tharuniyaa@thomsonreuters.com))