Textron(US:TXT) Zacks Investment Research·2024-01-19 21:21Core Viewpoint - Textron (TXT) is expected to report quarterly earnings of $1.53 per share, a 43% increase year-over-year, with revenues projected at $3.92 billion, reflecting a 7.8% year-over-year growth [1] Revenue Projections - Revenues from Textron eAviation are projected to reach $14.55 million, indicating a significant increase of 142.5% from the prior-year quarter [2] - Revenues from Manufacturing- Bell are expected to be $888.14 million, suggesting an 8.8% year-over-year increase [2] - Revenues from Manufacturing- Textron systems are forecasted at $331.24 million, representing a 5.5% increase year-over-year [2] - Revenues from Manufacturing- Textron Aviation are estimated at $1.66 billion, indicating a 4.7% increase from the year-ago quarter [3] - Revenues from Finance are expected to reach $9.91 million, reflecting a 10% decrease from the prior-year quarter [3] - The average prediction for Manufacturing revenues is $3.78 billion, indicating a 4.2% increase year-over-year [3] - Revenues from Manufacturing- Industrial are estimated at $885.35 million, suggesting a 2.4% decrease year-over-year [3] Segment Profit Projections - Segment Profit for Textron Aviation is expected to be $211.92 million, up from $169 million year-over-year [3] - Segment Profit for Bell is projected at $86.70 million, compared to $71 million from the previous year [4] - Segment Profit for Textron Systems is expected to be $38.62 million, slightly down from $40 million year-over-year [4] - The consensus estimate for Segment Profit- Industrial stands at $50.76 million, up from $42 million year-over-year [4] - The combined estimate for Segment Profit- Manufacturing is $308.77 million, down from $312 million year-over-year [4] Stock Performance - Textron shares have shown a return of -2.2% over the past month, contrasting with the Zacks S&P 500 composite's +0.9% change [4]