Overview

• Textron Q3 revenue up 5% yr/yr, but missed analyst expectations

• Adjusted EPS for Q3 rises to $1.55 from $1.40 last year

• Company returned $206 mln to shareholders via share repurchases in Q3

Outlook

• Textron reiterates full-year 2025 GAAP EPS from continuing operations guidance of $5.19 to $5.39

• Textron maintains full-year adjusted EPS from continuing operations forecast at $6.00 to $6.20

Result Drivers

• AVIATION GROWTH - Higher aircraft deliveries and aftermarket services boosted Textron Aviation revenues

• BELL MILITARY REVENUES - Increased military revenues from the MV-75 program drove Bell's revenue growth

• SYSTEMS CONTRACT GAIN - Textron Systems profit rose due to a gain from early termination of a vendor contract

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 9 "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 $92.00, about 9.8% above its October 21 closing price of $83.02

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

Press Release: ID:nBw5nnyZka

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(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.)