Textron (NYSE:TXT – Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 6.000-6.200 for the period, compared to the consensus estimate of 6.310. The company issued revenue guidance of $14.7 billion-$14.7 billion, compared to the consensus revenue estimate of $14.8 billion. Textron also updated its FY25 guidance to $6.00-6.20 EPS.
Wall Street Analyst Weigh In
TXT has been the subject of several recent analyst reports. UBS Group reduced their price objective on shares of Textron from $87.00 to $79.00 and set a “sell” rating for the company in a research report on Friday, October 25th. Barclays decreased their price objective on Textron from $104.00 to $95.00 and set an “overweight” rating for the company in a report on Monday, December 23rd. Citigroup dropped their price target on Textron from $118.00 to $111.00 and set a “buy” rating for the company in a research report on Tuesday. Robert W. Baird dropped their target price on Textron from $100.00 to $92.00 and set an “outperform” rating for the company in a research report on Thursday. Finally, Vertical Research upgraded Textron from a “hold” rating to a “buy” rating and set a $91.00 price objective for the company in a research report on Monday, January 6th. One analyst has rated the stock with a sell rating, three have given a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $95.73.
View Our Latest Report on Textron
Textron Trading Down 3.5 %
Textron (NYSE:TXT – Get Free Report) last announced its earnings results on Wednesday, January 22nd. The aerospace company reported $1.34 earnings per share for the quarter, topping the consensus estimate of $1.27 by $0.07. The firm had revenue of $3.61 billion for the quarter, compared to the consensus estimate of $3,778,060 billion. Textron had a return on equity of 16.02% and a net margin of 6.30%. The firm’s revenue for the quarter was down 7.2% on a year-over-year basis. During the same period in the previous year, the business earned $1.60 EPS. Analysts expect that Textron will post 5.42 earnings per share for the current fiscal year.
Textron Company Profile
Textron Inc operates in the aircraft, defense, industrial, and finance businesses worldwide. It operates through six segments: Textron Aviation, Bell, Textron Systems, Industrial, Textron eAviation, and Finance. The Textron Aviation segment manufactures, sells, and services business jets, turboprop and piston engine aircraft, and military trainer and defense aircraft; and offers maintenance, inspection, and repair services, as well as sells commercial parts.
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