Textron Analysts Slash Their Forecasts After Weak Revenue

Benzinga

23 Jan

Textron Inc. (NYSE:TXT) reported downbeat fourth-quarter revenue and issued FY25 EPS guidance below estimates on Wednesday.

Sales grew to $3.613 billion, missing the consensus of $3.81 billion, although adjusted EPS of $1.34 was in line with the consensus.

Textron expects GAAP EPS from continuing operations of $5.19-$5.39 or $6.00 -$6.20 on an adjusted basis (vs. consensus of $6.42) and revenue of $14.7 billion (vs. $14.757 billion estimate).

Textron projects cash flow from continuing operations of the manufacturing group of $1.2 billion and $1.3 billion.

Scott C. Donnelly, Chairman and CEO, said, "While a work stoppage at Textron Aviation impacted our 2024 financial results, we saw strong order activity, aftermarket growth, and continued new product development activities with the announcement of the Gen3 family of light jets."

Textron shares fell 3.4% to close at $78.41 on Wednesday.

These analysts made changes to their price targets on Textron following earnings announcement.

Morgan Stanley analyst Kristine Liwag maintained Textron with an Equal-Weight rating and lowered the price target from $86 to $82.
Baird analyst Peter Arment maintained Textron with an Outperform and lowered the price target from $100 to $92.

Considering buying TXT stock? Here’s what analysts think:

Read This Next:

Jim Cramer: AMD Is A ‘Great’ Company, Hold Onto Dow Inc.

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Donnelly, Chairman and CEO, said, \"While a work stoppage at Textron Aviation impacted our 2024 financial results, we saw strong order activity, aftermarket growth, and continued new product development activities with the announcement of the Gen3 family of light jets.\"</p>\n<p>Textron shares fell 3.4% to close at $78.41 on Wednesday.</p>\n<p>These analysts made changes to their price targets on Textron following earnings announcement.</p>\n<ul>\n<li>Morgan Stanley analyst Kristine Liwag maintained Textron with an Equal-Weight rating and lowered the price target from $86 to $82.</li>\n<li>Baird analyst Peter Arment maintained Textron with an Outperform and lowered the price target from $100 to $92.</li>\n</ul>\n<p><strong>Considering buying TXT stock? Here’s what analysts think:</strong> </p>\n<figure><img decoding=\"async\" height=\"595\" loading=\"lazy\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/23080132/image-172-1024x595.png\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/23080132/image-172-1024x595.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/23080132/image-172-300x174.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/23080132/image-172-768x446.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/23080132/image-172.png 1102w\" width=\"1024\"/></figure>\n<p><strong>Read This Next: </strong></p>\n<ul>\n<li><strong>Jim Cramer: AMD Is A ‘Great’ Company, Hold Onto Dow Inc.</strong></li>\n</ul></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Textron Analysts Slash Their Forecasts After Weak Revenue</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTextron Analysts Slash Their Forecasts After Weak Revenue\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2025-01-23 21:02</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p><strong>Textron Inc.</strong> (NYSE:TXT) reported downbeat fourth-quarter revenue and issued FY25 EPS guidance below estimates on Wednesday.</p>\n<p>Sales grew to $3.613 billion, missing the consensus of $3.81 billion, although adjusted EPS of $1.34 was in line with the consensus.</p>\n<p>Textron expects GAAP EPS from continuing operations of $5.19-$5.39 or $6.00 -$6.20 on an adjusted basis (vs. consensus of $6.42) and revenue of $14.7 billion (vs. $14.757 billion estimate).</p>\n<p>Textron projects cash flow from continuing operations of the manufacturing group of $1.2 billion and $1.3 billion.</p>\n<p>Scott C. Donnelly, Chairman and CEO, said, \"While a work stoppage at Textron Aviation impacted our 2024 financial results, we saw strong order activity, aftermarket growth, and continued new product development activities with the announcement of the Gen3 family of light jets.\"</p>\n<p>Textron shares fell 3.4% to close at $78.41 on Wednesday.</p>\n<p>These analysts made changes to their price targets on Textron following earnings announcement.</p>\n<ul>\n<li>Morgan Stanley analyst Kristine Liwag maintained Textron with an Equal-Weight rating and lowered the price target from $86 to $82.</li>\n<li>Baird analyst Peter Arment maintained Textron with an Outperform and lowered the price target from $100 to $92.</li>\n</ul>\n<p><strong>Considering buying TXT stock? Here’s what analysts think:</strong> </p>\n<figure><img decoding=\"async\" height=\"595\" loading=\"lazy\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/23080132/image-172-1024x595.png\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/23080132/image-172-1024x595.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/23080132/image-172-300x174.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/23080132/image-172-768x446.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/23080132/image-172.png 1102w\" width=\"1024\"/></figure>\n<p><strong>Read This Next: </strong></p>\n<ul>\n<li><strong>Jim Cramer: AMD Is A ‘Great’ Company, Hold Onto Dow Inc.</strong></li>\n</ul></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TXT","symbol_name":"德事隆","start_time":0,"source_url":"https://www.benzinga.com/25/01/43157564/textron-analysts-slash-their-forecasts-after-weak-revenue","article_id":"2505090099","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2505090099","pubTimestamp":1737637345,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":" ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"TXT":"德事隆"},"translate_title":"德事隆分析师在收入疲软后大幅下调预测","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TXT":1},"content_text":"Textron Inc. (NYSE:TXT) reported downbeat fourth-quarter revenue and issued FY25 EPS guidance below estimates on Wednesday.\nSales grew to $3.613 billion, missing the consensus of $3.81 billion, although adjusted EPS of $1.34 was in line with the consensus.\nTextron expects GAAP EPS from continuing operations of $5.19-$5.39 or $6.00 -$6.20 on an adjusted basis (vs. consensus of $6.42) and revenue of $14.7 billion (vs. $14.757 billion estimate).\nTextron projects cash flow from continuing operations of the manufacturing group of $1.2 billion and $1.3 billion.\nScott C. Donnelly, Chairman and CEO, said, \"While a work stoppage at Textron Aviation impacted our 2024 financial results, we saw strong order activity, aftermarket growth, and continued new product development activities with the announcement of the Gen3 family of light jets.\"\nTextron shares fell 3.4% to close at $78.41 on Wednesday.\nThese analysts made changes to their price targets on Textron following earnings announcement.\n\nMorgan Stanley analyst Kristine Liwag maintained Textron with an Equal-Weight rating and lowered the price target from $86 to $82.\nBaird analyst Peter Arment maintained Textron with an Outperform and lowered the price target from $100 to $92.\n\nConsidering buying TXT stock? Here’s what analysts think: \n\nRead This Next: \n\nJim Cramer: AMD Is A ‘Great’ Company, Hold Onto Dow Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1}}}