Textron Inc. (TXT) is scheduled to release fourth-quarter 2024 results on Jan. 22, before market open.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The company has a four-quarter average negative earnings surprise of 0.61%. The declining revenue performance across two of its major business segments is likely to have impacted Textron’s overall top-line performance. Moreover, charges related to its restructuring plan are likely to have hurt earnings.Labor Strike at Textron Aviation ...

Core Viewpoint - Analysts project that Textron (TXT) will report quarterly earnings of $1.31 per share, reflecting an 18.1% decline year over year, with revenues expected to reach $3.74 billion, down 3.9% from the same quarter last year [1]. Earnings Estimates - The consensus EPS estimate has been revised 0.5% lower over the last 30 days, indicating a collective reevaluation by analysts [2]. - Revisions to earnings estimates are significant indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock price performance [3]. Revenue Projections - Analysts estimate 'Revenues- Textron eAviation' to reach $11.18 million, indicating an increase of 11.8% year over year [5]. - 'Revenues- Manufacturing- Bell' is projected at $1.10 billion, reflecting a 2.8% increase year over year [5]. - 'Revenues- Manufacturing- Textron systems' is expected to be $316.97 million, showing a 1% increase from the prior-year quarter [5]. - The consensus estimate for 'Revenues- Manufacturing- Textron Aviation' stands at $1.45 billion, indicating a decline of 4.9% year over year [6]. - 'Revenues- Finance' is expected to reach $11.33 million, down 5.6% from the year-ago quarter [6]. - The combined estimate for 'Revenues- Manufacturing' is projected at $3.73 billion, reflecting a 3.9% decline year over year [6]. - 'Revenues- Manufacturing- Industrial' is projected at $850.42 million, indicating an 11.5% decline year over year [7]. Segment Profit Estimates - 'Segment Profit- Textron Aviation' is estimated at $151.04 million, down from $193 million in the same quarter last year [7]. - 'Segment Profit- Bell' is projected at $136.91 million, compared to $118 million a year ago [7]. - 'Segment Profit- Textron Systems' is expected to be $37.77 million, up from $35 million in the previous year [8]. - 'Segment profit- Industrial' is estimated at $39.62 million, down from $57 million in the same quarter last year [8]. - 'Segment profit- Manufacturing' is projected at $346.00 million, compared to $380 million a year ago [9]. Stock Performance - Over the past month, Textron shares have recorded returns of +3.2%, contrasting with the Zacks S&P 500 composite's -3.3% change [9].

Wall Street expects a year-over-year decline in earnings on lower revenues when Textron (TXT) reports results for the quarter ended December 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on January 22. On th ...

Group 1 - The company focuses on timely dividend-paying stocks to assist investors in wealth accumulation [1] - The author has extensive experience as a Registered Investment Advisor and has published multiple investment-related books [1] - The company aims to provide a steady pace of financial growth for its clients through various investment strategies [1] Group 2 - The author has a background in corporate management, having worked for Georgia-Pacific Corp for 15 years before starting their own ventures [1] - The author was appointed by President Ronald Reagan to the National Advisory Council overseeing the Small Business Administration from 1988 to 1991 [1] - The company has a history of creating investment newsletters, including "Power Investing with DRIPs" in the late 1990s [1]

Textron Inc.’s (TXT) business unit, Bell, secured a contract to aid the UH-1Y and AH-1Z helicopters. The award has been offered by the Naval Air Systems Command, Patuxent River, MD.Details of TXT’s DealValued at $13 million, the contract is expected to be completed by December 2025. Per the terms of the deal, Textron will provide program management, engineering and logistics services for upgrading and sustainment of the AH-1Z Viper and UH-1Y Venom helicopters. This contract will serve the U.S. Marine Corps ...

If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.Textron (NYSE: TXT ) is one of the names in aerospace and defense that has not performed to satisfaction. Since I marked the stock a buy in December 2022, share price development has lagged theDhierin runs the investing group The Aerospace Forum , ...

Core Viewpoint - Textron Inc.'s business unit, Textron Aviation Defense, has delivered five Beechcraft T-6C Texan II planes to the Vietnam Air Force, marking a significant milestone in U.S.-Vietnam defense relations. This delivery is part of a contract for a total of 12 planes, with the remaining seven expected by mid-2025 [1]. Group 1: Company Developments - The Beechcraft T-6C is recognized as a premier military flight trainer, characterized by low acquisition, operating, and sustainment costs, which facilitate rapid training of fighter pilots [3]. - The T-6C's advanced features, including an all-digital, open-architecture glass cockpit, enhance visibility for complex missions, contributing to solid order flows for Textron [4]. - A global fleet of over 1,000 Beechcraft T-6 Texan II aircraft has achieved more than 5 million flight hours across 13 nations and two NATO flight schools since 2001, indicating the aircraft's viability and demand [4]. Group 2: Industry Prospects - The military training aircraft market is projected to grow from $2.76 billion in 2024 to $4.78 billion by 2030, reflecting a compound annual growth rate (CAGR) of 9.6%, driven by technological advancements, rising defense budgets, and increasing geopolitical tensions [5]. - Textron Aviation Defense is well-positioned to capitalize on this market growth, offering adaptable flight training systems, including the T-6C Texan II and the Beechcraft AT-6E Wolverine [6]. Group 3: Competitive Landscape - CAE Inc. provides comprehensive training systems across various military aircraft platforms and has a long-term earnings growth rate of 15.9% [8]. - Boeing Company delivers mission-ready training solutions and has a long-term earnings growth rate of 19.3%, with a projected year-over-year sales growth of 23.4% for 2024 [9][10]. - Lockheed Martin's TF-50 trainer jet has trained over 2,500 students, with a long-term earnings growth rate of 4.5% and a projected year-over-year sales growth of 5.4% for 2024 [11][12]. Group 4: Stock Performance - Textron's shares have increased by 2.3% over the past month, contrasting with a 1.7% decline in the industry [13].

LAS VEGAS, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc., an innovative private aviation and artificial intelligence company, announced a fleet purchase agreement with Textron Aviation Inc. for the purchase of three Cessna Citation CJ4 Gen2 aircraft. With deliveries scheduled for Q2, Q3 and Q4 of 2026, the new aircraft will join the Jet.AI fleet as part of a brand-new CJ4 Gen2 fractional program. Jet.AI offers fractional jet ownership for individuals and businesses seeking flexible and convenient private av ...

Core Viewpoint - Textron Inc.'s Textron Aviation has delivered its first Beechcraft King Air 360CHW aircraft to the Peruvian Air Force, with a second delivery scheduled for 2025, highlighting the company's role in the growing demand for multi-mission aircraft amid rising global defense spending [1][2]. Company Summary - Textron Aviation's Beechcraft King Air 360CHW is designed for diverse operational environments, featuring advanced design elements that enhance efficiency in remote areas, making it a valuable asset for military operations [3]. - The aircraft includes modern enhancements such as an advanced digital pressurization system and a full regime autothrottle system, which improve operational reliability and user experience [3][4]. - The cabin's design features, including higher pressure for lower altitude, contribute to passenger comfort, while luxury-inspired interiors and upgraded seating make it suitable for demanding missions [4]. Industry Summary - The global military multirole aircraft market is expected to grow at a compound annual growth rate of over 3.5% from 2024 to 2029, driven by increasing geopolitical tensions and the need for adaptable aircraft across various sectors [6][5]. - The demand for multi-role aircraft is surging, with applications in medical emergencies, firefighting, search and rescue, and offshore transport, indicating a robust market opportunity for manufacturers like Textron [5][7]. Competitor Overview - Other defense companies, such as Lockheed Martin and Boeing, are also positioned to benefit from the expanding military multirole aircraft market, with Lockheed Martin's long-term earnings growth rate at 4.5% and Boeing's at 19.3% [8][9][10]. - Airbus is another key player, with its A330 Multi Role Tanker Transport aircraft and C295 tactical transport aircraft, showing a long-term earnings growth rate of 10.5% [11][12].

Textron Inc.’s (TXT) business segment, Textron Aviation recently clinched a modification contract involving its T-54A aircraft. The award has been provided by the Naval Air Systems Command, Patuxent River, MD.Details of TXT’s DealValued at $276.8 million, the contract is projected to be completed by September 2026. The latest modification enables Textron to exercise options for the production and delivery of 26 T-54A trainer aircraft. Per the terms of the deal, TXT will also provide associated aircraft and ...