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What To Expect From Textron's Q2?
Forbes· 2024-07-17 14:15
UKRAINE - 2021/12/19: In this photo illustration Textron Inc. logo seen displayed on a smartphone ... [+] and in the background. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesTextron stock (NYSE: TXT) will report its Q2 2024 results on Thursday, July 18. We expect TXT stock to trade sideways post-Q2, with its revenue and earnings expected to align with the street estimates. The company will likely continue to benefit from higher aircra ...
Will Segment Sales Boost Textron's (TXT) Q2 Earnings?
ZACKS· 2024-07-15 15:36
Textron Inc. (TXT) is scheduled to release its second-quarter 2024 results on Jul 18 before market open.The company holds a four-quarter average earnings surprise of 9.33%. The solid revenue performance across the majority of its business segments is likely to have contributed to Textron’s overall performance in the second quarter of 2024.Textron Aviation – a Key Contributor to RevenuesSolid growth in aftermarket revenues, bolstered by solid aircraft utilization driven by improved air travel in recent years ...
Should You Pick Textron Over Lockheed Martin Stock?
Forbes· 2024-07-11 11:15
WASHINGTON, DC - OCTOBER 11: A Bell Textron Inc. display is seen at the Association of the U.S. Army ... [+] (AUSA) Annual Meeting's exposition hall at the Walter E. Washington Convention Center on October 11, 2023 in Washington, DC. The Association of the U.S. Army’s Annual Meeting is designed to highlight the Army’s message by providing informative and relevant presentations on the State-of-the-Army, panel discussions and seminars on military and national security subjects and networking events. (Photo by ...
Here's Why Textron (TXT) is a Strong Momentum Stock
ZACKS· 2024-06-28 14:55
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium also includes the Zacks Style Scores.What are t ...
E-Z-GO® Creates National Golf Cart Day to Celebrate 70th Anniversary
Prnewswire· 2024-06-13 11:00
Globally renowned leader in golf carts celebrates milestone with unprecedented deals and giveaways AUGUSTA, Ga., June 13, 2024 /PRNewswire/ -- Textron E-Z-GO® LLC, a Textron Inc. (NYSE: TXT) company and a globally renowned leader in the design and manufacture of golf carts, is thrilled to announce the creation of National Golf Cart Day [www.ezgo.com/nationalgolfcartday] on June 13. After all, in a time where there's a National Day for nearly everything else, why not take a day to celebrate the most fun way ...
Textron (TXT) Secures a Contract to Aid T-6C Training Aircraft
ZACKS· 2024-06-07 14:05
Textron Inc.’s (TXT) , business unit, Textron Aviation Defense, recently clinched a modification contract involving its T-6C aircraft. The award has been provided by the Air Force Life Cycle Management Center, Wright-Patterson Air Force Base, OH.Details of the DealValued at $29.3 million, the contract is projected to be completed by Sep 30, 2026. The latest modification provides Textron with exercise options for the procurement of support and supply of an additional three T-6C aircraft.With this modificatio ...
Textron (TXT) Reveals Enhanced Features for Cessna Citation Jets
zacks.com· 2024-05-28 15:31
Textron Inc. (TXT) recently revealed that its Cessna Citation Latitude and Citation Longitude mid-size business jets would be equipped with upgraded Garmin G5000 avionics. These advanced avionics features are expected to provide better performance and improved user experience to pilots of the new Cessna Citation Latitude aircraft, starting in 2025, and the new Longitude jets, starting in 2026.What’s New?The Cessna Citation Latitude and Longitude jets will have several cutting-edge features and technology wh ...
Textron Systems Collaborates with Kodiak to Develop Uncrewed Military Vehicle
prnewswire.com· 2024-05-20 13:00
The companies are collaborating on the development of an uncrewed military vehicle intended for advanced terrain environments and designed without space for a driverHUNT VALLEY, Md. and MOUNTAIN VIEW, Calif., May 20, 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 are c ...
Textron: A Post-Earnings Plunge Is My Buying Opportunity
Seeking Alpha· 2024-04-29 07:46
Ryan Fletcher/iStock Editorial via Getty Images Textron Inc. (NYSE:TXT) is a conglomerate, leading in defense, aviation, industrial products and more. This company owns several well-known brands such as Bell, and Cessna, which can be seen below. Textron makes everything from planes to golf carts, to helicopters to snowmobiles. I have followed this company off and on for years, and what brought me to take another look just now is because the stock plunged by about 10%, after the company reported Q1 results f ...
Textron (TXT) Loses -11.5% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
Zacks Investment Research· 2024-04-26 14:36
Textron (TXT) has been beaten down lately with too much selling pressure. While the stock has lost 11.5% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that measu ...