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
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Miss | $3.60 bln | $3.70 bln (12 Analysts) |
Q3 ADJ EPS FROM CONT OPS | $1.55 | ||
Q3 EPS FROM CONT OPS | $1.31 |
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.)