Textron forecasts 2025 EPS slightly below analyst estimates due to strikes and decreased demand.

Textron, an aerospace and defense company, has projected 2025 earnings per share (EPS) of $6.00-6.20, slightly below analysts' estimates of $6.40. Revenue for the year is expected to hit around $14.7 billion. The forecast was impacted by a September strike and soft demand in some segments. Textron's Q4 earnings were also affected, with jet deliveries down 34% to 32 jets due to the strike. Despite this, Textron's stock has a "Moderate Buy" consensus rating with a target price of $97.64.

2 months ago
10 Articles

Further Reading