Tiger Brokers

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

Reuters
Jan 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;))

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10