Textron Inc.

TXT

US8832031012

Aerospace & Defense

Market Closed - Nyse Other stock markets 04:00:01 2024-04-25 pm EDT			5-day change	1st Jan Change
84.9 ^USD	-9.69%		-8.30%	+5.57%

Apr. 25	Industrials Down on GDP Data, Caterpillar Earnings -- Industrials Roundup	DJ
Apr. 25	Top Midday Decliners	MT

Textron Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended October 01, 2022

October 27, 2022 at 06:32 am EDT

Textron Inc. reported earnings results for the third quarter and nine months ended October 01, 2022. For the third quarter, the company reported net income was USD 225 million compared to USD 185 million a year ago. Diluted earnings per share from continuing operations was USD 1.06 compared to USD 0.82 a year ago. Diluted earnings per share was USD 1.06 compared to USD 0.82 a year ago.
For the nine months, net income was USD 635 million compared to USD 539 million a year ago. Diluted earnings per share from continuing operations was USD 2.94 compared to USD 2.37 a year ago. Diluted earnings per share was USD 2.94 compared to USD 2.37 a year ago.

Latest news about Textron Inc.

Industrials Down on GDP Data, Caterpillar Earnings -- Industrials Roundup	Apr. 25	DJ
Top Midday Decliners	Apr. 25	MT
US Equity Indexes Drop Amid Meta Sell-off as Treasury Yields Jump on Slower Growth, Inflation Uptick	Apr. 25	MT
US Equity Indexes Decline, Treasury Yields Rise in Midday Trading	Apr. 25	MT
Stocks in motion: Large caps struggle	Apr. 25
Textron to Trim 4% of Global Workforce Under Expanded Restructuring Plan; Shares Fall	Apr. 25	MT
Textron Q1 Adjusted Earnings, Revenue Climb but Miss Estimates; Shares Fall	Apr. 25	MT
Textron to cut 1,500 jobs as program cancellations, weak demand hit results	Apr. 25	RE
Transcript : Textron Inc., Q1 2024 Earnings Call, Apr 25, 2024	Apr. 25
(TXT) TEXTRON Forecasts Q2 EPS Range $6.20 - $6.40	Apr. 25	MT
Earnings Flash (TXT) TEXTRON Posts Q1 Revenue $3.14B, vs. Street Est of $3.26B	Apr. 25	MT
Textron Inc. Reports Earnings Results for the First Quarter Ended March 30, 2024	Apr. 25	CI
North American Morning Briefing : More Tech -2-	Apr. 25	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

Chart Textron Inc.

Duration

Period

More charts

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

2024-07-24 - Q2 2024 Earnings Release (Projected)

Related indices

S&P 500

More about the company

Income Statement Evolution

More financial data

Analysis / Opinion

Textron, aeronautics Made in America

September 22, 2022 at 11:27 am EDT

More Strategies

Ratings for Textron Inc.

Trading Rating

Investor Rating

ESG Refinitiv

A-

More Ratings

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

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Commercial Aircraft Manufacturing

	1st Jan change	Capi.
TEXTRON INC.	+5.57%	18.09B
AIRBUS SE	+13.41%	136B
LOCKHEED MARTIN CORPORATION	+2.55%	110B
BOEING	-36.00%	100B
EMBRAER S.A.	+43.59%	4.46B
AVICOPTER PLC	+10.33%	4.4B
JOBY AVIATION, INC.	-23.31%	3.43B
AVICHINA INDUSTRY & TECHNOLOGY COMPANY LIMITED	+0.60%	3.33B
EVE HOLDING, INC.	-31.56%	1.34B
EHANG HOLDINGS LIMITED	+8.27%	1.11B

Commercial Aircraft Manufacturing

Textron Inc.

Equities

TXT

US8832031012

Aerospace & Defense

Textron Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended October 01, 2022

EPS Revisions