Textron Secures Contract to Support UH-1Y and AH-1Z Aircraft
TXT's business unit, Bell, secures a contract to provide program management, engineering and logistics services for UH-1Y and AH-1Z helicopters.
Textron weighs options for off-road vehicles business, pauses production
Textron is exploring strategic alternatives for its Powersports product line due to persistent weak demand, the Cessna jet maker said on Wednesday.
Textron Stock Falls After Strike, I Still See Opportunities
Textron's stock has underperformed, gaining only 9.5% compared to the S&P 500's 53.6%, due to pressures in its Industrials business and a recent strike. EBITDA estimates for Textron have been revised downward, with a 9.7% drop for 2024, affecting future projections and reducing the CAGR from 7.8% to 7.3%. Free cash flow estimates have also declined, with a 25.7% drop for 2024, and the CAGR falling from 10.4% to 8.3%, driven by higher labor costs.
TXT's Arm Delivers 5 T-6C Texan II Training Jets to Vietnam Air Force
Textron's unit, Textron Aviation Defense, delivers five Beechcraft T-6C Texan II planes to support Vietnam's pilot training program.
TXT's Arm Delivers First Aeromedical Aircraft to Peruvian Air Force
Textron's unit, Textron Aviation, announces the delivery of its first multi-mission Beechcraft King Air 360CHW aircraft to the Peruvian Air Force.
Textron Secures a $276.8M Contract to Supply T-54A Training Aircraft
TXT secures a $276.8 million contract for the production and delivery of 26 T-54A trainer aircraft and other support equipment.
Textron (TXT) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Textron (TXT) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Textron Posts Lower-than-Expected Q3 Earnings, Lowers '24 EPS View
TXT's third-quarter revenues miss the Zacks Consensus Estimate by 2.3%. Revenues, however, improve 2.7% year over year.
Textron Inc. (TXT) Q3 2024 Earnings Call Transcript
Textron Inc. (NYSE:TXT ) Q3 2024 Earnings Conference Call October 24, 2024 8:00 AM ET Company Participants David Rosenberg - Vice President, Investor Relations Scott Donnelly - Chairman & Chief Executive Officer Frank Connor - Chief Financial Officer Conference Call Participants David Strauss - Barclays Sheila Kahyaoglu - Jefferies Robert Stallard - Vertical Research Peter Arment - Baird Noah Poponak - Goldman Sachs Myles Walton - Wolfe Research Seth Seifman - JPMorgan Doug Harned - Bernstein Jason Gursky - Citi Gavin Parsons - UBS Pete Skibitski - Alembic Operator Welcome to the Textron Third Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.
Textron (TXT) Q3 Earnings and Revenues Lag Estimates
Textron (TXT) came out with quarterly earnings of $1.40 per share, missing the Zacks Consensus Estimate of $1.46 per share. This compares to earnings of $1.49 per share a year ago.
Are Restructuring Charges Likely to Hurt Textron's Q3 Results?
TXT's Q3 results are likely to benefit from the company's solid sales performance in most of its business segments. Yet, charges related to the restructuring plan are likely to have hurt earnings.
Unlocking Q3 Potential of Textron (TXT): Exploring Wall Street Estimates for Key Metrics
Get a deeper insight into the potential performance of Textron (TXT) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
