Building a successful investment portfolio takes skill and hard work, no matter if you're a growth, value, income, or momentum-focused investor.But what's the best way to find the right combination of stocks? Because funding things like your retirement, your kids' college tuition, or your short- and long-term savings goals will definitely require significant returns.Enter the Zacks Rank.What is the Zacks Rank?The Zacks Rank, which is a unique, proprietary stock-rating model, employs earnings estimate revisi ...

Key PointsShares have been rallying since 2020 and set a record high this week. Textron's outlook for 2024 is exceedingly bright, and expectations are high. Everything is in place now for further gains and record closes. 5 stocks we like better than Lockheed MartinA 9% jump during Wednesday's session made Textron Inc. NYSE: TXT one of the best-performing equities on the market. This latest jump in share price for the Rhode Island-based aerospace company confirms that the multi-year rally, which started in 2 ...

Textron Inc. (NYSE:TXT) Q4 2023 Earnings Call Transcript January 24, 2024 8:00 AM ET Company Participants David Rosenberg - VP of IR Scott Donnelly - Chairman and CEO Frank Connor - CFO Conference Call Participants Sheila Kahyaoglu - Jefferies Peter Arment - Baird David Strauss - Barclays Jason Gursky - Citi Noah Poponak - Goldman Sachs Myles Walton - Wolfe Research Robert Stallard - Vertical Research Seth Seifman - JPMorgan Kristine Liwag - Morgan Stanley George Shapiro - Shapiro Research Pete Skibitski - ...

Textron Inc. (TXT) reported fourth-quarter 2023 adjusted earnings of $1.60 per share, which surpassed the Zacks Consensus Estimate of $1.53 by 4.6%. The bottom line also improved 30.1% from the year-ago quarter’s recorded figure.The company reported GAAP earnings of $1.01 per share, down from $1.07 registered in the fourth quarter of 2022.TXT generated 2023 adjusted earnings of $5.59 per share, which surpassed the Zacks Consensus Estimate of $5.54 by 0.9%. The bottom line also improved 25.6% from the year-a ...

For the quarter ended December 2023, Textron (TXT) reported revenue of $3.89 billion, up 7% over the same period last year. EPS came in at $1.60, compared to $1.07 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $3.92 billion, representing a surprise of -0.65%. The company delivered an EPS surprise of +4.58%, with the consensus EPS estimate being $1.53.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expecta ...

Q4 2023 Earnings Call Presentation January 24th, 2024 The data in this package should be read in conjunction with the Textron earnings release and accompanying tables. © 2023 TEXTRON INC. 1 Forward-looking Information Certain statements in this package and other oral and written statements made by Textron from time to time are forward-looking statements, including those that discuss strategies, goals, outlook or other non-historical matters; or project revenues, income, returns or other financial measures. ...

Textron (TXT) came out with quarterly earnings of $1.60 per share, beating the Zacks Consensus Estimate of $1.53 per share. This compares to earnings of $1.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.58%. A quarter ago, it was expected that this maker of Cessna small planes and Bell helicopters would post earnings of $1.27 per share when it actually produced earnings of $1.49, delivering a surprise of 17.32%.Over the ...

The upcoming report from Textron (TXT) is expected to reveal quarterly earnings of $1.53 per share, indicating an increase of 43% compared to the year-ago period. Analysts forecast revenues of $3.92 billion, representing an increase of 7.8% year over year.The current level reflects an upward revision of 0.8% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Before ...

The market expects Textron (TXT) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on ...

PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) will release its fourth quarter 2023 financial results on Wednesday morning, January 24, 2024. Textron will also host a conference call at 8:00 a.m. (Eastern) to discuss the results and the company’s outlook. The call will be available via webcast at www.textron.com or by direct dial at (844) 867-6169 in the U.S. or (409) 207-6975 outside of the U.S.; Access Code: 2046023. In addition, the call will be recorded and available for playback beginnin ...