Textron (NYSE:TXT – Get Free Report) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $6.00-6.20 for the period, compared to the consensus earnings per share estimate of $6.24. The company issued revenue guidance of ~$14.7 billion, compared to the consensus revenue estimate of $14.61 billion. Textron also updated its FY 2025 guidance to 6.000-6.200 EPS.
Textron Trading Up 2.5 %
Shares of TXT opened at $81.12 on Wednesday. Textron has a one year low of $74.89 and a one year high of $97.33. The stock has a 50-day moving average price of $80.37 and a 200 day moving average price of $85.06. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.82 and a current ratio of 1.83. The company has a market capitalization of $15.05 billion, a P/E ratio of 17.83, a P/E/G ratio of 1.21 and a beta of 1.27.
Textron (NYSE:TXT – Get Free Report) last released its quarterly earnings results on Wednesday, January 22nd. The aerospace company reported $1.34 earnings per share for the quarter, topping analysts’ consensus estimates of $1.27 by $0.07. The business had revenue of $3.61 billion during the quarter, compared to the consensus estimate of $3,778,060 billion. Textron had a net margin of 6.30% and a return on equity of 16.02%. The business’s quarterly revenue was down 7.2% compared to the same quarter last year. During the same quarter last year, the company earned $1.60 earnings per share. Sell-side analysts forecast that Textron will post 5.42 EPS for the current fiscal year.
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Textron Company Profile
Textron Inc operates in the aircraft, defense, industrial, and finance businesses worldwide. It operates through six segments: Textron Aviation, Bell, Textron Systems, Industrial, Textron eAviation, and Finance. The Textron Aviation segment manufactures, sells, and services business jets, turboprop and piston engine aircraft, and military trainer and defense aircraft; and offers maintenance, inspection, and repair services, as well as sells commercial parts.
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