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's Insights Into Key Metrics Ahead of Textron (TXT) Q4 Earnings