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Textron declares $0.02 dividend (NYSE:TXT)
Seeking Alpha· 2025-10-22 15:08
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Textron (TXT) Q3 Earnings Preview: What You Should Know Beyond the Headline Estimates
ZACKS· 2025-10-20 14:16
Core Insights - Analysts project Textron (TXT) will report quarterly earnings of $1.47 per share, reflecting a 5% year-over-year increase, with revenues expected to reach $3.71 billion, an 8.1% increase from the same quarter last year [1] Earnings Estimates - The consensus EPS estimate has been revised upward by 1.8% in the past 30 days, indicating a reassessment by covering analysts [2] - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3] Revenue Projections - Analysts predict 'Revenues- Textron eAviation' will reach $9.33 million, a 55.6% increase year-over-year [5] - 'Revenues- Manufacturing- Bell' is expected to be $990.66 million, reflecting a 6.6% year-over-year change [5] - 'Revenues- Manufacturing- Textron systems' is projected at $364.73 million, indicating a 21.2% increase from the prior-year quarter [5] - 'Revenues- Manufacturing- Textron Aviation' is estimated at $1.56 billion, suggesting a 16.7% year-over-year change [6] - 'Revenues- Finance' is expected to be $12.48 million, a 4% increase from the prior-year quarter [6] - Overall, 'Revenues- Manufacturing' is projected at $3.69 billion, reflecting an 8.2% year-over-year increase [6] - 'Revenues- Manufacturing- Industrial' is expected to decline to $766.29 million, an 8.8% decrease year-over-year [7] Segment Profit Estimates - 'Segment Profit- Textron Aviation' is forecasted to reach $196.50 million, up from $128.00 million in the same quarter last year [7] - 'Segment Profit- Bell' is estimated at $89.61 million, down from $98.00 million in the same quarter last year [8] - 'Segment Profit- Textron Systems' is projected at $41.21 million, slightly up from $39.00 million in the same quarter last year [8] - 'Segment Profit- Industrial' is expected to be $35.28 million, compared to $32.00 million a year ago [9] - 'Segment Profit- Manufacturing' is projected to reach $346.17 million, up from $279.00 million in the same quarter last year [9] Stock Performance - Textron shares have shown a return of -2.7% over the past month, contrasting with the Zacks S&P 500 composite's +1.1% change, but the company holds a Zacks Rank 2 (Buy), indicating expectations of outperforming the market in the near future [10]
TXT vs. RTX: Which Stock Should Value Investors Buy Now?
ZACKS· 2025-10-15 16:41
Core Insights - Investors are evaluating Textron (TXT) and RTX (RTX) for potential undervalued stock opportunities in the Aerospace - Defense sector [1] Valuation Metrics - Textron has a Zacks Rank of 2 (Buy), indicating a positive earnings outlook, while RTX has a Zacks Rank of 3 (Hold) [3] - TXT's forward P/E ratio is 13.63, significantly lower than RTX's forward P/E of 26.83, suggesting TXT may be undervalued [5] - The PEG ratio for TXT is 1.36, compared to RTX's PEG ratio of 2.96, indicating better expected earnings growth relative to its price [5] - TXT's P/B ratio is 2.01, while RTX's P/B ratio is 3.32, further supporting the argument that TXT is a more attractive value option [6] - Overall, TXT has a Value grade of A, while RTX has a Value grade of C, highlighting TXT's superior valuation metrics [6]
Best-Selling Cessna Citation Latitude Reach Continues to Grow With First Order in Argentina
Businesswire· 2025-10-14 15:59
Core Insights - Textron Aviation Inc. has received its first order for the Cessna Citation Latitude in Argentina, indicating growing demand for this aircraft model in the region [1] - The order was placed by Jet Clipper S.A., a charter operator that also serves Uruguay and Paraguay, highlighting the aircraft's appeal to regional operators [1] - The delivery of the aircraft is expected in 2026, suggesting a long-term commitment to expanding the fleet in South America [1] Company Summary - Textron Aviation Inc. is a subsidiary of Textron Inc. and is known for its popular Cessna Citation series [1] - The Cessna Citation Latitude is recognized for its range and short-field capabilities, making it suitable for regions where time and access are critical [1] Industry Context - The order reflects a trend of increasing interest in business aviation in South America, particularly in Argentina, Uruguay, and Paraguay [1] - The growing popularity of the Citation Latitude may indicate a shift in market dynamics, with more operators seeking versatile and efficient aircraft [1]
National Business Aviation Association Signs on to Support the 2026 Special Olympics Airlift
Businesswire· 2025-10-14 15:30
Core Points - The NBAA (National Business Aviation Association) has endorsed the 2026 Special Olympics Airlift during the NBAA-BACE event in Las Vegas [1] Group 1 - The endorsement was announced by NBAA president and CEO Ed Bolen [1]
Pro Football Hall of Famer Peyton Manning Returns as Honorary Chair for 2026 Special Olympics Airlift, Rallying Pilots to Lift Champions to New Heights
Businesswire· 2025-10-13 22:00
Company Overview - Textron Aviation Inc. is a subsidiary of Textron Inc., known for its diverse aviation products including business jets, turboprops, and military trainers, with a significant presence in the general aviation market [6][7] - The company has been operational for over 95 years and has produced more than half of all general aviation aircraft worldwide, serving customers in over 170 countries [6] Special Olympics Airlift - The Special Olympics Airlift, organized by Textron Aviation, aims to transport hundreds of Special Olympics athletes and coaches to the 2026 Special Olympics USA Games in Minnesota's Twin Cities, ensuring accessibility regardless of financial or logistical barriers [1][2] - Since its inception in 1987, the Airlift has successfully transported over 10,000 athletes, showcasing the power of community and aviation collaboration [3] Event Details - The 2026 Special Olympics USA Games will take place from June 19-27, 2026, featuring competitions across various sports and drawing tens of thousands of fans [8][9] - The return flights for athletes and coaches are scheduled for June 27, 2026, marking the end of a week filled with competition and celebration [4]
Cessna Citation CJ3 Gen2 achieves FAA type certification, bringing the most comprehensive Gen2 enhancements to market
Businesswire· 2025-10-13 22:00
Core Insights - Textron Aviation Inc. has achieved FAA type certification for the Cessna Citation CJ3 Gen2, marking a significant advancement in their aircraft offerings [1][2] - The CJ3 Gen2 incorporates customer feedback into its design, featuring enhancements such as Garmin autothrottle technology and increased legroom for pilots [1][2] - The aircraft is expected to enter service within the year following the completion of 445 flight test hours [1] Aircraft Features - The CJ3 Gen2 offers a maximum range of 2,040 nautical miles and a useful payload of 5,530 pounds, making it suitable for various missions [4] - It provides standard seating for nine passengers, with an option for eight passengers to allow for additional storage [4] - The aircraft includes advanced avionics with Garmin G3000 software and hardware, enhancing operational efficiency and safety [2][7] Cabin Experience - The cabin environment is fully customizable, featuring luxury interiors, RGB accent lighting, and USB-C power at every seat [2][3] - New CoolView skylights in the lavatory enhance natural light, and the lavatory is designed for external servicing [3] - Additional amenities include optional swivel seats, a high-power outlet for appliances, and wireless charging capabilities [2][3] Company Overview - Textron Aviation has over 95 years of experience in the aviation industry, producing a diverse range of aircraft including business jets and military trainers [5] - The company operates under well-known brands such as Beechcraft and Cessna, and serves customers in over 170 countries [5] - Textron Inc. is a multi-industry company that integrates its various business sectors to provide innovative solutions and services [6]
Cessna Citation Ascend Makes World Debut at NBAA-BACE in Las Vegas
Businesswire· 2025-10-13 17:00
Core Insights - The Cessna Citation Ascend made its world debut at the 2025 NBAA-BACE, showcasing its design and features aimed at enhancing customer experience [1][3] - The aircraft is powered by Pratt & Whitney Canada PW545D engines, emphasizing fuel efficiency and increased thrust, and incorporates advanced Garmin G5000 avionics [5] Company Overview - Textron Aviation Inc., a subsidiary of Textron Inc., has a long history of delivering aviation solutions, with over 1,000 Cessna Citation 560XL series aircraft delivered since 2000 [2][4] - The company is recognized for its diverse aviation product portfolio, including business jets, turboprops, and military trainer aircraft, serving customers in over 170 countries [7][9] Product Features - The Citation Ascend features a flat floor design, larger windows, and a wireless cabin management system, enhancing passenger comfort and experience [3][5] - The aircraft includes 19 standard USB charging ports and three universal outlets, ensuring connectivity for all passengers [6]
Textron Aviation Enhances Parts Shipment Visibility With Sensos Smart Labels Technology
Businesswire· 2025-10-10 17:00
Core Insights - Textron Aviation Inc. has integrated Sensos Smart Labels into its parts distribution process, enhancing visibility and real-time tracking for customers [1][2] - This initiative is part of Textron Aviation's ongoing investment in digital tools and customer support innovation, aimed at improving transparency and streamlining maintenance planning [1][2] Company Overview - Textron Aviation offers a global parts distribution network with seven distribution centers and 17 stockrooms, providing over 150,000 unique part numbers [3] - The company has a dedicated team of more than 600 professionals to support customer needs worldwide [3] - Textron Aviation is known for its comprehensive aviation product portfolio, including business jets, turboprops, and military trainer products, serving customers in over 170 countries [5] Sensos Overview - Sensos is a leader in AI-powered supply chain visibility and tracking solutions, providing real-time location updates and predictive insights [4] - The Sensos Smart Labels are lightweight, wireless trackers that enhance proactive planning and reduce downtime for customers [2][4]
Starlink High-Speed Internet Now Available on the Cessna Citation Longitude, Enhancing In-Flight Connectivity Across More Destinations
Businesswire· 2025-10-10 15:00
Core Insights - Textron Aviation Inc. has announced a new high-speed internet connectivity solution for the Cessna Citation Longitude, enabled by AeroMech's Supplemental Type Certificate for Starlink high-speed internet [1][2] Group 1: Product Offering - The new Starlink connectivity option allows Longitude customers to maintain high-speed, reliable internet access during flights, enhancing productivity and connectivity [2] - The upgrade includes a Starlink Aviation Kit, which consists of an Aero Terminal (antenna), Power Supply Unit (PSU), and a Wireless Access Point (WAP), requiring only power input from the aircraft [2] Group 2: Customer Support and Service - Textron Aviation provides extensive customer support through a global network of over 300 authorized service facilities and more than 40 mobile service units [3] - The company emphasizes its commitment to complete life-cycle support for its aircraft, ensuring customers have access to necessary services [3] Group 3: Company Background - Textron Aviation has over 95 years of experience in the aviation industry, offering a diverse range of products including business jets, turboprops, and military trainers [4] - The company operates under well-known brands such as Beechcraft and Cessna, and has produced more than half of all general aviation aircraft worldwide [4] Group 4: Parent Company Overview - Textron Inc. is a multi-industry company with a global network across various sectors including aircraft, defense, and finance, known for its powerful brands [5] - The company focuses on providing innovative solutions and services to its customers [5] Group 5: Starlink Overview - Starlink is recognized as the world's most advanced satellite constellation in low-Earth orbit, providing reliable broadband internet capable of supporting various online activities [6] - Operated by SpaceX, Starlink benefits from the company's expertise in spacecraft and on-orbit operations [6]