Textron (NYSE:TXT) Releases FY25 Earnings Guidance

Textron (NYSE:TXTGet 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:TXTGet 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.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Citigroup reduced their price target on shares of Textron from $118.00 to $111.00 and set a “buy” rating on the stock in a research report on Tuesday. JPMorgan Chase & Co. reduced their target price on Textron from $90.00 to $88.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. Barclays decreased their target price on Textron from $104.00 to $95.00 and set an “overweight” rating for the company in a research report on Monday, December 23rd. Vertical Research raised Textron from a “hold” rating to a “buy” rating and set a $91.00 price target on the stock in a research report on Monday, January 6th. Finally, Susquehanna decreased their price objective on shares of Textron from $100.00 to $90.00 and set a “positive” rating for the company in a report on Wednesday, January 8th. One analyst has rated the stock with a sell rating, three have given a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $97.64.

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Textron Company Profile

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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.

See Also

Earnings History and Estimates for Textron (NYSE:TXT)

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