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BUZZ-Textron falls after forecasting FY 26 profit below Street expectations

Reuters
01/28
BUZZ-Textron falls after forecasting FY 26 profit below Street expectations

** Shares of Cessna business jet maker Textron TXT.N fall 3.7% to $90.79 premarket

** Co forecasts FY 26 adj. EPS of $6.40 to $6.60, below analyst estimates of $6.84, according to data compiled by LSEG

** However, co posts Q4 revenue of $4.2 bln, beating analyst expectations of $4.01 bln

** Up to last close, stock up 8% YTD

(Reporting by Avinash P in Bengaluru)

((Avinash.P@thomsonreuters.com;))

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