Latest news with #Textron
Yahoo
3 days ago
- Business
- Yahoo
Here's What to Expect From Textron's Next Earnings Report
Providence, Rhode Island-based Textron Inc. (TXT) operates in the aircraft, defense, industrial, and finance businesses worldwide. With a market cap of $14.8 billion, the company operates in six segments: Textron Aviation, Bell, Textron Systems, Industrial, Textron eAviation, and Finance. The company is set to unveil its second-quarter results on Thursday, July 24, before the market opens. Ahead of the event, analysts expect TXT to report non-GAAP earnings of $1.44 per share, down 6.5% from the profit of $1.54 per share reported in the year-ago quarter. Additionally, the company has surpassed the Street's bottom-line projections in three of the past four quarters, while missing on one occasion. UnitedHealth Stock Is One of the Worst-Performing S&P 500 Stocks in 2025. Should You Buy the Dip? AI Isn't Just About Nvidia: 2 Rising Stars in the Artificial Intelligence Race 'It's a Miracle': Nvidia CEO Says Their New Technology Takes 'AI Supercomputing to a Whole New Level' Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! For the current year, its earnings are expected to come in at $6.12 per share, up 11.7% from $5.48 per share reported in the year-ago quarter. Moreover, in fiscal 2026, its earnings are expected to rise 9.5% year-over-year to $6.70 per share. TXT stock has declined 4.6% over the past 52 weeks, underperforming the Industrial Select Sector SPDR Fund's (XLI) 22.8% surge and the S&P 500 Index's ($SPX) 13.4% uptick during the same time frame. TXT stock rose 2.6% following the release of its Q1 earnings on Apr. 24. The company's revenue increased 5.5% year-over-year to $3.3 billion and surpassed the Wall Street estimates, mainly driven by a robust growth in its Bell segment. Additionally, the company's adjusted EPS rose 6.7% year-over-year to $1.28 and surpassed the consensus estimates by 9.4%. The consensus opinion on TXT is somewhat optimistic, with a 'Moderate Buy' rating overall. Of the 14 analysts covering the stock, opinions include six 'Strong Buys,' seven 'Holds,' and one 'Strong Sell.' Its mean price target of $85.50 suggests a 4% upside potential from current price levels. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
28-06-2025
- Business
- Yahoo
Textron Inc (TXT) Announces New Partnership With The Royal Thai Air Force
Textron Inc. (NYSE:TXT) is one of the 13 Best Aerospace and Defense Stocks to Invest in Now. On June 19, Textron Inc. (NYSE:TXT) announced a new partnership to support the Royal Thai Air Force through a Memorandum of Agreement signed during the Paris Air Show in June 2025. The agreement centers on a sustainment program for the Royal Thai Air Force's fleets of Beechcraft T-6TH trainer and AT-6TH light attack aircraft, both designed and manufactured by Textron Aviation Defense LLC., a wholly owned subsidiary of Textron Inc. (NYSE:TXT). The partnership aims to provide long-term maintenance, support, and sustainment for the RTAF's T-6TH and AT-6TH aircraft. The goal of this collaboration is to ensure the highest level of operational readiness for these aircraft, which are crucial for pilot training and light attack missions within the RTAF. A military cargo plane landing at its destination, signifying the strength of its defense arm. Beechcraft T-6 Texan II is a premier military flight trainer, whereas the Beechcraft AT-6 Wolverine is purpose-built for light attack, counter-insurgency, and Countering Violent Extremist Organizations. Textron Inc. (NYSE:TXT) is an international company that operates in several industries, including aviation, defense, industrial equipment, and finance. While we acknowledge the potential of TXT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Boston Globe
27-06-2025
- Business
- Boston Globe
For Rhode Island's publicly traded companies, recovery mixed after tariffs
CVS Health June 26, 2025: $68.14 June 27, 2024: $58.36 ⬆️ 16.8 percent Market cap: $86.2 billion Textron June 26, 2025: $80.26 June 27, 2024: $86.34 ⬇️ 7 percent Market cap: $14.5 billion Hasbro June 26, 2025: $72.31 June 27, 2024: $58.16 ⬆️ 24.3 percent Market cap: $10.1 billion Citizens Bank June 26, 2025: $44.12 June 27, 2024: $34.63 ⬆️ 27.4 percent Market cap: $19.1 billion Washington Trust June 26, 2025: $28.17 June 27, 2024: $26.51 ⬆️ 6.3 percent Advertisement Market cap: $543.4 million United Natural Foods June 26, 2025: $21.48 June 27, 2024: $12.90 ⬆️ 66.5 percent Market cap: $1.3 billion Bally's June 26, 2025: $9.96 Nov. 21, 2024: $22.07* ⬇️ 54.87 percent Market cap: $488.2 million *Bally's stockholders approved a merger agreement with an affiliate of Standard General L.P. in November 2024. AstroNova June 26, 2025: $9.28 June 27, 2024: $15.15 ⬇️ 38.75 percent Market cap: $70.5 million This story first appeared in Rhode Map, our free newsletter about Rhode Island that also contains information about local events, links to interesting stories, and more. If you'd like to receive it via email Monday through Friday, . Dan McGowan can be reached at
Business Wire
24-06-2025
- Business
- Business Wire
Textron to Release Second Quarter Results on July 24, 2025
PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) will release its second quarter 2025 financial results on Thursday morning, July 24, 2025. Textron will also host a conference call at 8:00 a.m. (Eastern) to discuss the results and the company's outlook. The call will be available via webcast at or by direct dial at (833) 470-1428 in the U.S. or (929) 526-1599 outside of the U.S.; Access Code: 626840. In addition, the call will be recorded and available for playback beginning at 11:00 a.m. (Eastern) on Thursday, July 24, 2025 by dialing (866) 813-9403; Access Code: 942127. About Textron Inc. Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell, Cessna, Beechcraft, Pipistrel, Jacobsen, Kautex, Lycoming, E-Z-GO, and Textron Systems. For more information visit:
Globe and Mail
23-06-2025
- Business
- Globe and Mail
Howmet's Transportation Market Under Pressure: Is the Risk Priced In?
Howmet Aerospace Inc. HWM has been witnessing persistent weakness in the commercial transportation market. In the first quarter of 2025, revenues from the commercial transportation market declined 14% on a year-over-year basis. Lower commercial truck builds, given tariff-related and economic uncertainty in North America, have been impacting the company's near-term performance. HWM expects demand in the commercial transportation markets served by the Forged Wheels segment to remain soft till the second half of the year. The company is dependent on a global supply chain, and in recent years, it has experienced supply-chain disruptions, particularly in the transportation and aerospace sectors, that resulted in delays and increased costs. Persistent supply-chain issues are likely to continue affecting the delivery of its finished products to its customers within the stipulated time, which might impact its top-line performance. Nevertheless, solid momentum in Howmet's commercial aerospace market, driven by robust OEM build rates and wide-body aircraft recovery, is expected to bolster its top line. Also, strength in the defense aerospace business, driven by rising U.S. & international defense budgets, bodes well for the company. Segmental Performance of HWM's Peers in Q1 Improving commercial air passenger traffic has been benefiting Textron Inc. 's TXT Aviation business unit. Strong fleet utilization, backed by improving commercial air travel, contributed to Textron Aviation unit's aftermarket revenue growth of 6% on a year-over-year basis in the first quarter of 2025. Thanks to growing air travel, Textron has also been witnessing strong order activity, which resulted in a backlog of $7.87 billion for the Aviation segment. Its another peer, RTX Corporation RTX, has been experiencing improving commercial OEM and commercial aftermarket sales in recent times. Notably, its first-quarter 2025 results reflected solid organic year-over-year sales growth of 8%. In particular, improvement in commercial aerospace bolstered quarterly results for both its Collins Aerospace and Pratt & Whitney business segments. The Zacks Rundown for HWM Shares of Howmet have surged 27.3% in the past three months compared with the industry 's growth of 8.7%. Image Source: Zacks Investment Research From a valuation standpoint, HWM is trading at a forward price-to-earnings ratio of 46.07X, above the industry average of 26.14X. The metric is pegged higher than its five-year median of 25.61X. HWM carries a Value Score of F. Image Source: Zacks Investment Research The Zacks Consensus Estimate for HWM's earnings for second-quarter 2025 and 2025 has increased 7.5% and 6.8%, respectively, in the past 60 days. HWM stock currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here. Zacks' Research Chief Names "Stock Most Likely to Double" Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest. This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Textron Inc. (TXT): Free Stock Analysis Report Howmet Aerospace Inc. (HWM): Free Stock Analysis Report RTX Corporation (RTX): Free Stock Analysis Report
