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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Gain on business disposition

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Textron

Textron, Inc. is a multi-industry company, which leverages a global network of aircraft, defense, industrial, and finance businesses to provide customers innovative solutions and services. The company operates its business through the following segments: Textron Aviation, Bell, Textron Systems, Industrial, and Finance. The Textron Aviation segment manufactures, sells, and services Beechcraft and Cessna aircraft. The Bell segment supplies military and commercial helicopters, tiltrotor aircraft, and related spare parts. The Textron Systems segment product lines consist of unmanned aircraft systems, land and marine systems, weapons and sensors, and a variety of defense and aviation mission support products and services. The Industrial segment designs and manufactures a variety of products under the Golf, Turf Care and Light Transportation Vehicles, Fuel Systems and Functional Components and Powered Tools, and Testing and Measurement Equipment product lines. The Finance segment provides finances primarily to purchasers of new Cessna aircraft and Bell helicopters. The company was founded by Royal Little in 1923 and is headquartered in Providence, RI.

Earnings data Q1 2021

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Earnings data Q1 2024

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Earnings data Q4 2024

Textron reports strong Q4 earnings, eyes growth in aviation sector

Textron's Q4 2022 performance was strong, with notable revenue growth and steady profit margins across segments, reflecting operational resilience and market demand.
While facing challenges in certain areas like Textron eAviation and Bell's revenues, the company's proactive approach to pricing, supply chain, and strategic evaluations positions it well for future growth.
Opportunities in the aviation sector, focus on A&D investments, and commitment to shareholder value through buybacks indicate a positive outlook for Textron in 2023 and beyond.
Overall, Textron's earnings call highlighted a mix of strengths, challenges, and opportunities, underscoring the company's strategic focus on sustainable profitability and market leadership.
headline

Textron (TXT) reports mixed Q1 results, eyes growth opportunities

Textron (TXT) reported mixed Q1 results with revenue growth but lower segment profit. The company showcased strengths in Aviation, Bell, and Systems, while facing challenges in manufacturing cash flow and profitability.
Opportunities lie in defense wins, organic growth, and strategic acquisitions, aligning with Textron's diversified business model. Despite challenges, Textron's resilience and strategic focus position it for future growth and success.
Textron's leadership changes, strong performance in key segments, and emphasis on innovation and growth underscore its competitive position. The company's ability to navigate challenges and capitalize on opportunities will be crucial for sustained success.
With a solid foundation in place and a focus on operational excellence, Textron is well-positioned to drive growth and shareholder value. By leveraging its strengths and seizing opportunities, Textron can navigate challenges and thrive in a dynamic market environment.

Textron (TXT) reports robust Q2 earnings, poised for strategic growth

Textron (TXT) delivered a strong performance in Q2 2023, driven by revenue growth and operational efficiency across key segments. The company's focus on new platforms and strategic investments positions it well for sustained growth.
While facing challenges in managing manufacturing cash flow and potential risks from acquisitions, Textron remains committed to innovation and shareholder value maximization. Opportunities in market demand, technology advancements, and strategic acquisitions offer avenues for future growth.
Overall, Textron's financial health, diversified portfolio, and focus on organic growth underscore its resilience and competitiveness in the aerospace and defense industry, setting a positive trajectory for future performance and value creation.

Textron (TXT) reports strong Q3 earnings, eyes growth opportunities

Textron (TXT) reported strong Q3 2023 performance with increased revenues and segment profit. Aviation and Textron Systems showed growth, while the Industrial segment performed well.
Strengths included robust demand in Aviation, new contracts in Textron Systems, and higher revenues in the Industrial segment. Challenges included customer wait times and supply chain issues.
Opportunities lie in service business growth, margin improvement in the Industrial segment, and expansion in Aerospace and Defense through M&A. Full-year guidance increase reflects confidence in future performance.
CEO's emphasis on service business success, margin improvement, and growth opportunities in existing programs highlights a positive outlook for Textron. The company's financial stability and strong performance indicate a promising trajectory.

Textron reports robust Q4 earnings, eyes growth amidst challenges

Textron's Q4 2023 earnings call highlighted strong financial performance, with revenue and profit growth across key segments.
While facing challenges like margin pressure and supply chain issues, Textron aims to capitalize on market opportunities for growth.
The company's focus on restructuring, positive outlook for 2024, and strategic decisions on capital deployment showcase a resilient business strategy.
Textron's emphasis on cost alignment, market positioning, and managing potential risks underscores a proactive approach to navigating industry dynamics.

Textron reports revenue growth and operational strengths in Q1

Textron's Q1 2024 showed revenue growth and improved profitability in key segments.
Challenges in the industrial segment and aviation supply chain were highlighted.
Opportunities in defense business, international markets, and eVTOL investments discussed.
Overall, Textron maintains its full-year adjusted earnings guidance and focus on shareholder returns.

Textron (TXT) reports solid Q2 earnings, eyes growth opportunities

Textron's Q2 2024 performance reflects overall growth in revenues and operational efficiency, driven by key segments like Aviation and Textron Systems.
While facing challenges in the Industrial segment, Textron has opportunities to leverage strategic initiatives and market expansion for future growth.
The completion of the Amazilia Aerospace acquisition and share repurchases demonstrate Textron's commitment to enhancing shareholder value and strategic growth.

Textron reports revenue growth in Q3 amidst operational challenges

Textron's Q3 2024 showed revenue growth but a decline in adjusted income per share.
Aviation and Bell segments demonstrated strength, while challenges persisted in Textron Systems.
Operational improvements and strategic decisions present opportunities for Textron's future growth.
Executive changes aim to steer Textron towards overcoming challenges and leveraging strengths.

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Textron, Inc. is a multi-industry company, which leverages a global network of aircraft, defense, industrial, and finance businesses to customers. It operates through the following segments: Textron Aviation, Bell, Textron Systems, Industrial, Textron eAviation, and Finance. The Textron Aviation segment manufactures, sells, and services Beechcraft and Cessna aircraft. The Bell segment supplies military and commercial helicopters, tiltrotor aircraft, and related spare parts. The Textron Systems segment develops, manufactures, and integrates a variety of products and services for United States and international military. The Industrial segment designs and manufactures a variety of products within the Kautex and specialized vehicles product lines. The Textron eAviation segment covers pipistrel along with other research and development initiatives related to sustainable aviation solutions. The company was founded by Royal Little in 1923 and is headquartered in Providence, RI.

Although the revenue and EPS for Textron (TXT) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Textron (TXT) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

TXT's third-quarter revenues miss the Zacks Consensus Estimate by 2.3%. Revenues, however, improve 2.7% year over year.

Textron Posts Lower-than-Expected Q3 Earnings, Lowers '24 EPS View

Textron Inc. (NYSE:TXT ) Q3 2024 Earnings Conference Call October 24, 2024 8:00 AM ET Company Participants David Rosenberg - Vice President, Investor Relations Scott Donnelly - Chairman & Chief Executive Officer Frank Connor - Chief Financial Officer Conference Call Participants David Strauss - Barclays Sheila Kahyaoglu - Jefferies Robert Stallard - Vertical Research Peter Arment - Baird Noah Poponak - Goldman Sachs Myles Walton - Wolfe Research Seth Seifman - JPMorgan Doug Harned - Bernstein Jason Gursky - Citi Gavin Parsons - UBS Pete Skibitski - Alembic Operator Welcome to the Textron Third Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.

Textron Inc. (TXT) Q3 2024 Earnings Call Transcript

Textron (TXT) came out with quarterly earnings of $1.40 per share, missing the Zacks Consensus Estimate of $1.46 per share. This compares to earnings of $1.49 per share a year ago.

Textron (TXT) Q3 Earnings and Revenues Lag Estimates

Cessna jet maker Textron lowered its annual profit forecast on Thursday, citing impact of the four-week strike by 5,000 workers at its Wichita plant.

Textron lowers annual profit forecast on impact from Wichita strike

PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) today reported third quarter 2024 income from continuing operations of $1.18 per share, as compared to $1.35 per share in the third 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 $1.40 per share for the third quarter of 2024, compared to $1.49 per share in the third quarter of 2023. "In the third quarter, Textron Aviation exper.

Textron Reports Third Quarter 2024 Results

PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE:TXT) today announced that Frank T. Connor, executive vice president and chief financial officer, has notified the Company that he intends to retire on February 28, 2025. David Rosenberg, Textron's vice president, Investor Relations, has been elected to succeed Connor as executive vice president and chief financial officer, effective March 1, 2025. “On behalf of the Board of Directors, I would like to thank Frank for his outstanding leadershi.

Textron Announces CFO Frank Connor Retirement Effective February 28, 2025

PROVIDENCE, R.I.--(BUSINESS WIRE)--The Board of Directors of Textron Inc. (NYSE:TXT) today declared a quarterly dividend of $0.02 per share on the company's Common Stock. All dividends will be paid on January 1, 2025 to holders of record at the close of business on December 13, 2024. About Textron Inc. Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Tex.

Textron Declares Quarterly Dividend

LAS VEGAS--(BUSINESS WIRE)--Textron Aviation today announced the Cessna Citation Ascend continues to progress through its certification program and will be equipped with the latest enhancements to the Garmin G5000 avionics suite. This flight deck will provide pilots with significant technological advances when it enters into service, expected to be in 2025. The Cessna Citation Ascend is designed and manufactured by Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company. The Ascend program inc.

Cessna Citation Ascend continues to progress through certification program, will deliver with latest update of Garmin G5000 avionics suite

LAS VEGAS--(BUSINESS WIRE)--Textron Aviation announced Starlink high-speed internet for Beechcraft King Air B200 and B300 series and Cessna Citation 560XL series aircraft.

Starlink High-Speed Internet Solution Now Available for Installation at Textron Aviation Service Centers for Beechcraft King Air B200/300 and Cessna Citation 560XL Series Aircraft

TXT's Q3 results are likely to benefit from the company's solid sales performance in most of its business segments. Yet, charges related to the restructuring plan are likely to have hurt earnings.

Are Restructuring Charges Likely to Hurt Textron's Q3 Results?

Gogo

Textron Aviation is the First Business Aviation OEM to Announce Production Use of Gogo Galileo HDX LAS VEGAS , Oct. 22, 2024 /PRNewswire/ --  (NBAA-BACE, booth 1601) – Gogo Business Aviation (NASDAQ: GOGO) today announced that Textron Aviation will install Gogo's global Low-Earth-Orbit (LEO) solution, Gogo Galileo HDX, as a factory option for the Cessna Citation Longitude, Citation Latitude and Citation Ascend business jet. Textron Aviation, a Textron Inc. (NYSE:TXT) company, is the first business aviation OEM to offer Gogo Galileo HDX from the factory, securing a truly global connectivity solution with market-leading performance for its operators.

Textron Aviation Selects Gogo Galileo HDX for Factory Installation on Cessna Citation Longitude, Latitude and Ascend

LAS VEGAS--(BUSINESS WIRE)--Textron Aviation today announced its selection of Gogo Business Aviation's global Low-Earth-Orbit (LEO) solution, Gogo Galileo HDX, for factory installation on the Cessna Citation Longitude, Latitude and Ascend. This makes Textron Aviation the first business aviation Original Equipment Manufacturer (OEM) to offer Gogo Galileo HDX as an option on new customer aircraft. The Cessna Citation Longitude, Latitude and Ascend are designed and manufactured by Textron Aviation.

Textron Aviation Elevates Connectivity With Gogo Galileo HDX on Cessna Citation Longitude, Latitude and Ascend

LAS VEGAS--(BUSINESS WIRE)--Textron Aviation today announced that its Cessna Citation CJ4 Gen3 prototype aircraft took to the skies for the first time in early October. The announcement of this milestone flight follows the company's unveiling today of three new Gen3 products to its Citation light jet family at the National Business Aviation Association - Business Aviation Convention & Exhibition (NBAA-BACE) in Las Vegas. These next-generation business jets -- the Citation M2 Gen3, CJ3 Gen3.

Cessna Citation CJ4 Gen3 Prototype Aircraft Takes Flight, Propelling the Program Into Advanced Testing

LAS VEGAS--(BUSINESS WIRE)--Textron Aviation today announced longtime Cessna Citation customer Ryan Samples as the launch customer for its new Cessna Citation CJ4 Gen3 business jet, which the company unveiled today at the National Business Aviation Association - Business Aviation Convention & Exhibition (NBAA-BACE) in Las Vegas. Samples has entered into a purchase agreement with the company to take delivery of the first CJ4 Gen3, which is expected to enter into service in 2026. The Cessna C.

Ryan Samples Announced as Launch Customer for Newly Introduced Cessna Citation CJ4 Gen3 Business Jet

Get a deeper insight into the potential performance of Textron (TXT) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Unlocking Q3 Potential of Textron (TXT): Exploring Wall Street Estimates for 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.

Earnings Preview: Textron (TXT) Q3 Earnings Expected to Decline

WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation announced “EvoX,” specialized aftermarket upgrade packages designed for Cessna Citation and Beechcraft King Air customers.

Textron Aviation Unveils Exclusive EvoX Upgrades: Comprehensive and Factory-Direct Modification Packages for Cessna Citation and Beechcraft King Air Customers

TXT's unit secures a $37.7 million contract from the U.S. Army to supply the Bell 412 EPX helicopter.

Textron's Arm Secures Army Contract to Supply Bell 412 EPX Helicopter

Textron's Q2 revenue grew by 3%, but missed estimates, while EPS beat expectations due to share repurchases, despite a decline in net income. Aviation and Bell segments showed strong performance, but the Industrial segment's decline significantly offset overall gains, raising concerns about its impact on the business. Significant backlogs in Aviation, Bell, and Systems present opportunities, but supply chain inefficiencies and a potential strike pose risks.

Textron Fails To Impress, But Long-Term Growth Still Holds Promise

PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) will release its third quarter 2024 financial results on Thursday morning, October 24, 2024. Textron will also host a conference call at 8:00 a.m. (Eastern) to discuss the results and the company's outlook. The call will be available via webcast at www.textron.com or by direct dial at (844) 867-6169 in the U.S. or (409) 207-6975 outside of the U.S.; Access Code: 3144750. In addition, the call will be recorded and available for playback.

Textron to Release Third Quarter Results on October 24, 2024

Bunge Global SA

Chevron

The S&P 500's strong performance and high valuations make finding bargains challenging. Many stocks trade at elevated P/E ratios, complicating value-driven strategies. Despite a pricey market, I've found three undervalued stocks, each with dividend yields, secular growth trends, and potential for significant price appreciation. These picks are at least 40% undervalued, offering long-term tailwinds and solid business models. They present unique opportunities in an otherwise expensive market.

Buying A Dollar For 60 Cents: Uncovering 3 Dividend Gems In An Expensive Market

Raytheon Technologies

Investors interested in Aerospace - Defense stocks are likely familiar with Textron (TXT) and RTX (RTX). But which of these two stocks presents investors with the better value opportunity right now?

TXT or RTX: Which Is the Better Value Stock Right Now?

Textron's Aviation and Bell segments achieved decent revenue growth, up by 10% and 13% YoY, respectively, despite ongoing supply chain delays. Nonetheless, revenue in the industrial segment fell by 11%, with profit dropping nearly 47% YoY in this segment. Weak demand in automotive and consumer goods is likely to persist. Key risks include reliance on US government contracts and ongoing development costs in the eAviation segment.

Textron: The Share Price Hasn't Reached Cruising Altitude, Maintain Buy

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

News for Textron Stock (TXT)