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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.

Selling and administrative expense

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Non-service components of pension and postretirement income, net

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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 2023

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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.

Textron Inc. (NYSE:TXT ) Q2 2024 Earnings Conference Call July 18, 2024 8:00 AM ET Company Participants David Rosenberg - VP, IR Scott Donnelly - Chairman, President & CEO Frank Connor - EVP & CFO Conference Call Participants Peter Arment - Baird David Strauss - Barclays Sheila Kahyaoglu - Jefferies Myles Walton - Wolfe Research Doug Harned - Bernstein Seth Seifman - JPMorgan Noah Poponak - Goldman Sachs Cai von Rumohr - TD Cowen Ronald Epstein - Bank of America Kristine Liwag - Morgan Stanley George Shapiro - Shapiro Research Peter Skibitski - Alembic Global Gavin Parsons - UBS Operator Ladies and gentlemen, thank you for standing by. Welcome to the Textron Second Quarter 2024 Earnings Release Conference Call.

Textron Inc. (TXT) Q2 2024 Earnings Call Transcript

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

Textron (TXT) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Textron beat Wall Street estimates for second-quarter profit on Thursday, on higher demand across its businesses that make private jets and military helicopters.

Textron posts quarterly profit beat on business jet, helicopter demand

Textron (TXT) came out with quarterly earnings of $1.54 per share, beating the Zacks Consensus Estimate of $1.49 per share. This compares to earnings of $1.46 per share a year ago.

Textron (TXT) Q2 Earnings Top Estimates

PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) today reported second quarter 2024 income from continuing operations of $1.35 per share, as compared to $1.30 per share in the second 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 $1.54 per share for the second quarter of 2024, compared to $1.46 per share in the second quarter of 2023. "In the quarter, our team delivered highe.

Textron Reports Second Quarter 2024 Results

Textron stock (NYSE: TXT) will report its Q2 2024 results on Thursday, July 18. We expect TXT stock to trade sideways post-Q2, with its revenue and earnings expected to align with the street estimates.

What To Expect From Textron's Q2?

Textron's (TXT) Q2 results are likely to gain from its solid performance in the majority of its business segments, driven by higher sales volumes.

Will Segment Sales Boost Textron's (TXT) Q2 Earnings?

Lockheed Martin

We believe that Textron stock is currently a better pick than its industry peer – Lockheed Martin stock (NYSE: LMT), given its better valuation and robust prospects. LMT stock trades at a higher multiple of 18x forward expected earnings, versus 14x for TXT, and we think this gap in valuation will narrow in favor of Textron.

Should You Pick Textron Over Lockheed Martin Stock?

WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation today announced the delivery of the first Cessna SkyCourier twin-engine utility turboprop equipped with a Combi interior conversion option. The aircraft was delivered to Everts Air, an Alaskan-based Part 135 operator serving passenger, cargo and charter needs throughout Alaska. Everts also operates Part 121, providing cargo and on-demand charter throughout North, Central and South America, as well as the Caribbean Islands. The Cessna SkyCourier i.

Textron Aviation Delivers First Cessna SkyCourier Combi, Providing Even More Flexibility and Versatility to the Twin-Engine Utility Turboprop

EVERETT, Wash.--(BUSINESS WIRE)-- #aeromech--AeroMech Announces Starlink STC for Citation 560XL, Available September, and Will Certify Starlink on Additional Textron Model Aircraft in 2024/2025.

AeroMech Announces Starlink STC for Citation 560XL Aircraft Available in September, and Plans to Pursue Starlink STCs for Several Other Textron Aviation Aircraft Models in 2024 and 2025

Earnings momentum has lifted shares of Textron higher over the past year. We preview the company's upcoming Q2 report. Several tailwinds support a bullish outlook for the stock.

Textron Stock: 4 Reasons To Stay Bullish Into The Second Half Of 2024

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Here's Why Textron (TXT) is a Strong Momentum Stock

Twenty-First Century Fox

Given its better valuation and prospects, we believe Fox Corporation stock (NASDAQ: FOXA), a company formed as the portion of 21st Century Fox not acquired by Disney in 2019, is a better pick than Textron stock (NYSE: TXT). The decision to invest often comes down to finding the best stocks within the scope of certain characteristics that suit an investment style.

With 15% Gains This Year Is Fox Corp. A Better Pick Over Textron Stock?

PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) will release its second quarter 2024 financial results on Thursday morning, July 18, 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: 8602005. In addition, the call will be recorded and available for playback b.

Textron to Release Second Quarter Results on July 18, 2024

Cisco Systems

Janus Parent

For many retail investors, it comes down to either buying index funds, mutual funds or exchange-traded funds. Beyond that, the individual investors who go looking for the best stocks to buy come across the stocks that get the most analytical attention.

3 Stocks to Snag While the Analysts Snooze

WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation today announced the successful flight of its second Cessna Citation Ascend flight test article (P1) as certification momentum builds for the newest Citation business jet. The milestone flight follows the Ascend prototype, which completed its first flight in 2023 marking the P1 aircraft the first conforming production flight test aircraft. The Citation Ascend business jet was unveiled during the 2023 European Business Aviation Convention & Exh.

Cessna Citation Ascend Test Program Soars Ahead as Second Flight Test Article Successfully Takes Flight

Raytheon Technologies

Fortune discussed the best aviation stocks in early June, suggesting that even though they're a bargain, they might not be worth the turbulence.  I don't think there's any question Boeing (NYSE: BA ) stock has taken it on the chin in 2024.

The 3 Best Aviation Stocks to Buy (Sorry, Boeing.)

Globally renowned leader in golf carts celebrates milestone with unprecedented deals and giveaways AUGUSTA, Ga. , June 13, 2024 /PRNewswire/ -- Textron  E-Z-GO® LLC , a Textron Inc. (NYSE: TXT) company and a globally renowned leader in the design and manufacture of golf carts, is thrilled to announce the creation of National Golf Cart Day [www.ezgo.com/nationalgolfcartday] on June 13.

E-Z-GO® Creates National Golf Cart Day to Celebrate 70th Anniversary

WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation expands presence in Australia to modernize facilities and increase parts in region, changes Premiair Aviation Maintenance name.

Textron Aviation expands presence in Australia to modernize facilities and increase parts in region, announces name change of Premiair Aviation Maintenance

Textron (TXT) is set to exercise options for the procurement of support and supply of an additional three T-6C aircraft.

Textron (TXT) Secures a Contract to Aid T-6C Training Aircraft

Leidos Hld

Safran SA

Improving air passenger traffic and rising U.S. defense funding are expected to bolster the aerospace-defense industry, amid lingering supply-chain issues. You may keep an eye on SAFRY, LDOS & TXT.

3 Aerospace-Defense Stocks to Watch Amid Rising Air Passenger View

Textron (TXT) announces advanced Garmin G5000 feature enhancement in its Cessna Citation Latitude and Citation Longitude business jets.

Textron (TXT) Reveals Enhanced Features for Cessna Citation Jets

Gigacloud Tech

Honeywell

Operating over 29 markets and centered in New York, the Nasdaq was the world's first automated stock exchange. With 2,500 companies+ on the Nasdaq and heavy exposure to the technology industry, it is no wonder that many companies in many investors' portfolios are brimming with companies trading on this exchange.

If You Can Only Buy One Nasdaq Stock in May, It Better Be One of These 3 Names

WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation today announced that the 400th Cessna Citation Latitude business jet has rolled out of production at the company's factory in Wichita, Kansas, and is expected to be delivered later this year. Employees recognized the milestone with a special celebration at the company's headquarters in Wichita. The Cessna Citation Latitude midsize business jet is designed and manufactured by Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company. "The Citation.

Milestone 400th Cessna Citation Latitude Production Rollout Emphasizes Its Leading Position in the Midsize Business Jet Market

WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation today announced advanced Garmin G5000 avionics enhancements coming to the best-selling mid-size business jet, the Cessna Citation Latitude, and the flagship of the Citation family of jets, the Citation Longitude. Textron Aviation's investments in the popular business jets, based on customer feedback, will offer greater performance and improved user experience to pilots in the new Latitude jets beginning in 2025 and the new Longitude jets in 2026.

News for Textron Stock (TXT)