Corporate Communications Department NEWS Release Textron Reports Third Quarter 2024 Results • EPS of $1.18; adjusted EPS of $1.40, down from $1.49 in the prior year • Net cash from operating activities of $208 million in the third quarter of 2024 • $215 million returned to shareholders through share repurchases in the third quarter • Textron Aviation segment revenue and profit impacted by IAM strike Providence, Rhode Island – October 24, 2024 – Textron Inc. (NYSE: TXT) today reported third quarter 2024 inco ...

Textron Inc. (TXT) is scheduled to release third-quarter 2024 results on Oct. 24, before market open.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The company has a four-quarter average earnings surprise of 4.75%. The solid revenue performance across most of its business segments is likely to have contributed favorably to Textron’s top-line performance. However, charges related to its restructuring plan are likely to have hurt overall earnings.Textron Aviation – A Key Contributor ...

Textron Aviation is the First Business Aviation OEM to Announce Production Use of Gogo Galileo HDXLAS VEGAS, Oct. 22, 2024 /PRNewswire/ --  (NBAA-BACE, booth 1601) – Gogo Business Aviation (NASDAQ: GOGO) today announced that Textron Aviation will install Gogo's global Low-Earth-Orbit (LEO) solution, Gogo Galileo HDX, as a factory option for the Cessna Citation Longitude, Citation Latitude and Citation Ascend business jet.Textron Aviation, a Textron Inc. (NYSE:TXT) company, is the first business aviation OEM ...

Wall Street expects a year-over-year decline in earnings on higher revenues when Textron (TXT) reports results for the quarter ended September 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 earnings report, which is expected to be released on October 24, 2024, might help the stock move higher if these key numbers are better than expe ...

Textron Inc.'s (TXT) business segment, Bell, recently secured a $37.7 million contract to supply Bell 412 EPX helicopter. The work related to this contract will be carried out in Fort Worth, TX. The deal is projected to be completed by Dec. 31, 2025. The contract has been offered by the Army Contracting Command, Redstone Arsenal, AL. What's Favoring TXT? With global defense spending rising amid growing hostilities across the world, the investment in advanced defense products, including multi-mission helicop ...

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 ) posted its second quarter results on the 30th of July. In response to the earnings report, the stock dropped, and perhaps we should not be surprised about that anymore. After the first quarter report,Dhierin runs the investing ...

Investors interested in Aerospace - Defense stocks are likely familiar with Textron (TXT) and RTX (RTX) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our ...

Small deep value individual investor, with a modest private investment portfolio, split approx. 50%-50% between shares and call options. I have a B.Sc. in aeronautical engineering and over 6 years of experience as an engineering consultant in the aerospace sector. The latter statement is not relevant in any way whatsoever to my investment style, but I thought to add it for self-indulgent purposes. I have a contrarian investment style, highly risky, and often dealing with illiquid options. How illiquid? Well ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they ...

HUNT VALLEY, Md. and MOUNTAIN VIEW, Calif., Sept. 18, 2024 /PRNewswire/ -- Textron Systems Corporation, a Textron Inc. (NYSE:TXT) company, a leading developer of crewed and uncrewed military ground vehicles, and Kodiak Robotics, Inc., a leading self-driving technology developer for the trucking and defense markets, announced today that they have integrated the Kodiak Driver, Kodiak's self-driving system, into Textron's Systems' RIPSAW® M3 vehicle. The RIPSAW M3 vehicle, equipped with the Kodiak Driver, is a ...