Textron Inc.

TXT

US8832031012

Aerospace & Defense

Market Closed - Nyse Other stock markets 04:00:01 2024-04-24 pm EDT			5-day change	1st Jan Change
94.01 ^USD	-1.33%		+1.95%	+16.90%

03:00pm	Textron to cut 1,500 jobs as program cancellations, weak demand hit results	RE
01:07pm	(TXT) TEXTRON Forecasts Q2 EPS Range $6.20 - $6.40	MT

Textron Inc. Reports Earnings Results for the Fourth Quarter Ended January 01, 2022

January 27, 2022 at 06:30 am EST

Textron Inc. reported earnings results for the fourth quarter ended January 01, 2022. For the fourth quarter, the company reported revenue was USD 3,322 million compared to USD 3,667 million a year ago. Net income was USD 207 million compared to USD 236 million a year ago. Diluted earnings per share from continuing operations was USD 0.93 compared to USD 1.03 a year ago.

Latest news about Textron Inc.

Textron to cut 1,500 jobs as program cancellations, weak demand hit results	09:00am	RE
(TXT) TEXTRON Forecasts Q2 EPS Range $6.20 - $6.40	07:07am	MT
Earnings Flash (TXT) TEXTRON Posts Q1 Revenue $3.14B, vs. Street Est of $3.26B	07:06am	MT
Textron Inc. Reports Earnings Results for the First Quarter Ended March 30, 2024	06:30am	CI
North American Morning Briefing : More Tech -2-	06:07am	DJ
Textron Maintains Quarterly Dividend at $0.02 a Share, Payable July 1 to Shareholders of Record June 14	Apr. 24	MT
Textron Inc. Declares Quarterly Dividend, Payable on July 1, 2024	Apr. 24	CI
Goldman Sachs Adjusts Textron Price Target to $120 From $103	Apr. 16	MT
Barclays Adjusts Textron's Price Target to $104 From $95	Apr. 12	MT
Citigroup Raises Price Target on Textron to $111 From $104, Maintains Buy Rating	Apr. 04	MT
UBS Raises Textron's Price Target to $84 From $81, Maintains Sell Rating	Apr. 02	MT
Textron Aviation Wins US Army Aircraft Contract	Mar. 13	MT
Honeywell will seek 'relief' on Bombardier engine pricing case at Canada's top court	Mar. 11	RE
North American Morning Briefing : Stock Futures -2-	Mar. 11	DJ
BofA Securities Upgrades Textron to Buy From Neutral, Adjusts Price Target to $105 From $85	Mar. 08	MT
Kenneth Steiner Submits a Shareholder Proposal to Textron	Mar. 07	CI
Textron Insider Sold Shares Worth $4,871,675, According to a Recent SEC Filing	Feb. 22	MT
Textron Maintains Quarterly Dividend at $0.02 Per Phare; Payable April 1 to Shareholders of Record on March 15	Feb. 21	MT
Textron Declares Quarterly Dividend, Payable on April 1, 2024	Feb. 21	CI
Textron Insider Sold Shares Worth $37,422,229, According to a Recent SEC Filing	Feb. 16	MT
Textron Insider Sold Shares Worth $10,836,796, According to a Recent SEC Filing	Feb. 16	MT
Textron Insider Sold Shares Worth $1,103,761, According to a Recent SEC Filing	Feb. 16	MT
Textron Insider Sold Shares Worth $1,583,895, According to a Recent SEC Filing	Feb. 16	MT
US Army ends Future Attack Reconnaissance Aircraft program	Feb. 08	RE
Textron's Aviation Unit Plans to Expand Partnership With Wallan Group	Feb. 07	MT

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Company Profile

Textron Inc. is a diversified industrial group organized around 5 families of products and services: - aircraft (34.1% of net sales): business aircraft, turboprop planes, and single-engine piston aircraft; - military and commercial helicopters (28.4%; Bell). The group also offers logistical support services, technical support services, training, maintenance, and repair services; - industrial equipment (25.7%): fuel systems, hydraulic power tools, measuring equipment, fiber-optic connectors, golf carts, lawn maintenance equipment, etc.; - defense and aerospace systems (11.3%): precision weaponry, smart battlefield systems, airborne and underground surveillance systems, aircraft control components, unmanned aircraft systems, shielded vehicles, piston engines, etc.; - financing services (0.5%). Net sales break down geographically as follows: the United States (68.2%), Europe (11.5%), Asia and Australia (9.5%) and other (10.8%).

Sector

Aerospace & Defense

Calendar

06:30am - Q1 2024 Earnings Release

Related indices

S&P 500

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Analysis / Opinion

Textron, aeronautics Made in America

September 22, 2022 at 11:27 am EDT

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Ratings for Textron Inc.

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Investor Rating

ESG Refinitiv

A-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

94.01 USD

Average target price

99.21 USD

Spread / Average Target

+5.53%

Consensus

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Company calendar

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Commercial Aircraft Manufacturing

Textron Inc.

Equities

TXT

US8832031012

Aerospace & Defense

Textron Inc. Reports Earnings Results for the Fourth Quarter Ended January 01, 2022

EPS Revisions