News

For the quarter ended December 2024, Textron (TXT) reported revenue of $3.61 billion, down 7.2% over the same period last year. EPS came in at $1.34, compared to $1.60 in the year-ago quarter.

The reported revenue represents a surprise of -3.50% over the Zacks Consensus Estimate of $3.74 billion. With the consensus EPS estimate being $1.25, the EPS surprise was +7.20%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Textron performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Revenues- Textron eAviation: $11 million versus $11.18 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +10% change.
• Revenues- Manufacturing- Bell: $1.13 billion compared to the $1.10 billion average estimate based on four analysts. The reported number represents a change of +5.4% year over year.
• Revenues- Manufacturing- Textron systems: $311 million compared to the $316.97 million average estimate based on four analysts. The reported number represents a change of -1% year over year.
• Revenues- Manufacturing- Textron Aviation: $1.28 billion versus $1.45 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -15.9% change.
• Revenues- Finance: $11 million compared to the $11.33 million average estimate based on four analysts. The reported number represents a change of -8.3% year over year.
• Revenues- Manufacturing: $3.60 billion versus the four-analyst average estimate of $3.73 billion. The reported number represents a year-over-year change of -7.2%.
• Revenues- Manufacturing- Industrial: $869 million versus the four-analyst average estimate of $850.42 million. The reported number represents a year-over-year change of -9.6%.
• Segment Profit- Textron Aviation: $100 million versus the four-analyst average estimate of $151.32 million.
• Segment Profit- Bell: $110 million versus $136.91 million estimated by four analysts on average.
• Segment Profit- Textron Systems: $42 million versus the four-analyst average estimate of $37.77 million.
• Segment profit- Industrial: $48 million versus the four-analyst average estimate of $38.66 million.
• Segment profit- Manufacturing: $278 million versus $345.31 million estimated by four analysts on average.

View all Key Company Metrics for Textron here>>>

Shares of Textron have returned +5.1% over the past month versus the Zacks S&P 500 composite's +2.1% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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 among the most innovative financial firms. With a fast-growing customer base (already 50+ million) and a diverse set of cutting edge solutions, this stock is poised for big gains. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.

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

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.