Textron (NYSE:TXT – Get Free Report) updated its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 6.000-6.200 for the period, compared to the consensus EPS 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 Analysts Forecast Growth
A number of equities analysts recently commented on the stock. Morgan Stanley decreased their target price on shares of Textron from $86.00 to $82.00 and set an “equal weight” rating on the stock in a research report on Thursday. UBS Group reduced their price objective on shares of Textron from $87.00 to $79.00 and set a “sell” rating on the stock in a research report on Friday, October 25th. Barclays cut their price objective on Textron from $104.00 to $95.00 and set an “overweight” rating on the stock in a research report on Monday, December 23rd. Vertical Research raised Textron from a “hold” rating to a “buy” rating and set a $91.00 target price for the company in a research report on Monday, January 6th. Finally, Susquehanna dropped their price target on Textron from $100.00 to $90.00 and set a “positive” rating on the stock in a research report on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $95.73.
View Our Latest Stock Analysis on TXT
Textron Trading Down 0.1 %
Textron (NYSE:TXT – Get Free Report) last announced its quarterly earnings data on Wednesday, January 22nd. The aerospace company reported $1.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.27 by $0.07. The business had revenue of $3.61 billion during the quarter, compared to analyst estimates of $3,778,060 billion. Textron had a net margin of 6.01% and a return on equity of 14.92%. The company’s revenue was down 7.2% on a year-over-year basis. During the same period last year, the firm posted $1.60 EPS. As a group, equities analysts predict that Textron will post 6.15 earnings per share for the current 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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