Textron Inc. (TXT), headquartered in Providence, Rhode Island, designs, manufactures and supports a broad range of products and technologies in the aerospace, defense, specialty industrial and financial sectors. Valued with a market capitalization of $16 billion, the company plans to announce its fiscal fourth quarter 2025 results in the near future.
Ahead of this event, analysts expect this aerospace and defense company to post earnings of $1.78 per share, up 32.8% from $1.34 per share in the prior-year quarter. The company has surpassed final Wall Street estimates in each of the last four quarters. Its earnings of $1.55 per share in the previous quarter beat the forecast by 5.4%.
For the current fiscal year, which ends in December, analysts expect TXT to post earnings of $6.15 per share, up 12.2% from $5.48 per share in fiscal 2024. Its EPS is expected to further grow 8.5% year-over-year to $6.67 in fiscal 2026.
TXT shares are up 17.7% over the past 52 weeks, outperforming both the 14.8% return of the S&P 500 Index ($SPX) and the 17.4% gain of the State Street Industrial Select Sector SPDR ETF (XLI) over the same time period.
On October 23, TXT stock fell 3.8% after reporting mixed third-quarter results. While revenue growth in its Aviation, Bell and Textron Systems segments was strong, it was partially offset by weaker industrial sales following the sale of its Powersports unit. As a result, its total revenue rose 5.1% year over year to $3.6 billion, but still fell short of analyst expectations by 3%. However, on the plus side, its adjusted earnings per share was $1.55, up 10.7% from the same period last year and 5.4% above consensus estimates.
Wall Street analysts are moderately bullish on TXT stock, with an overall rating of “Moderate Buy.” Among the 15 analysts covering the stock, four recommend a “Strong Buy” and 11 indicate a “Hold.” The average price target for TXT is $91.77, indicating a potential upside of almost 1% from current levels.
On the date of publication, Neharika Jain had no (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article are for informational purposes only. This article was originally published on Barchart.com