For the quarter ended September 2024, Textron (TXT) reported income of $3.43 billion, up 2.5% over the identical interval final 12 months. EPS got here in at $1.40, in comparison with $1.49 within the year-ago quarter.
The reported income compares to the Zacks Consensus Estimate of $3.51 billion, representing a shock of -2.27%. The corporate delivered an EPS shock of -4.11%, with the consensus EPS estimate being $1.46.
Whereas traders scrutinize income and earnings modifications year-over-year and the way they examine with Wall Avenue expectations to find out their subsequent transfer, some key metrics all the time provide a extra correct image of an organization’s monetary well being.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps traders challenge a inventory’s value efficiency extra precisely.
Right here is how Textron carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Avenue analysts:
- Revenues- Textron eAviation: $6 million in comparison with the $10.75 million common estimate based mostly on 4 analysts. The reported quantity represents a change of -14.3% 12 months over 12 months.
- Revenues- Manufacturing- Bell: $929 million versus $821.67 million estimated by 4 analysts on common. In comparison with the year-ago quarter, this quantity represents a +23.2% change.
- Revenues- Manufacturing- Textron methods: $301 million versus the four-analyst common estimate of $328.62 million. The reported quantity represents a year-over-year change of -2.6%.
- Revenues- Manufacturing- Textron Aviation: $1.34 billion in comparison with the $1.46 billion common estimate based mostly on 4 analysts. The reported quantity represents a change of +0.1% 12 months over 12 months.
- Revenues- Finance: $12 million versus $11.49 million estimated by 4 analysts on common. In comparison with the year-ago quarter, this quantity represents a -7.7% change.
- Revenues- Manufacturing: $3.42 billion versus $3.51 billion estimated by 4 analysts on common. In comparison with the year-ago quarter, this quantity represents a +2.6% change.
- Revenues- Manufacturing- Industrial: $840 million versus $889.73 million estimated by 4 analysts on common. In comparison with the year-ago quarter, this quantity represents a -8.9% change.
- Phase Revenue- Textron Aviation: $128 million versus $179.93 million estimated by 4 analysts on common.
- Phase Revenue- Bell: $98 million in comparison with the $86.38 million common estimate based mostly on 4 analysts.
- Phase Revenue- Textron Techniques: $39 million in comparison with the $38.28 million common estimate based mostly on 4 analysts.
- Phase profit- Industrial: $32 million versus the four-analyst common estimate of $45.56 million.
- Phase profit- Manufacturing: $279 million versus the four-analyst common estimate of $331.18 million.
View all Key Company Metrics for Textron here>>>
Shares of Textron have returned +1.6% over the previous month versus the Zacks S&P 500 composite’s +1.5% change. The inventory presently has a Zacks Rank #3 (Maintain), indicating that it might carry out consistent with the broader market within the close to time period.
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Textron Inc. (TXT) : Free Stock Analysis Report
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