Wall Street expects a year-over-year decline in earnings on higher revenues when Textron (TXT) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on October 24, 2024, might help the stock move higher if these key numbers are better than expe ...

Textron Inc.'s (TXT) business segment, Bell, recently secured a $37.7 million contract to supply Bell 412 EPX helicopter. The work related to this contract will be carried out in Fort Worth, TX. The deal is projected to be completed by Dec. 31, 2025. The contract has been offered by the Army Contracting Command, Redstone Arsenal, AL. What's Favoring TXT? With global defense spending rising amid growing hostilities across the world, the investment in advanced defense products, including multi-mission helicop ...

If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.Textron (NYSE: TXT ) posted its second quarter results on the 30th of July. In response to the earnings report, the stock dropped, and perhaps we should not be surprised about that anymore. After the first quarter report,Dhierin runs the investing ...

Investors interested in Aerospace - Defense stocks are likely familiar with Textron (TXT) and RTX (RTX) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our ...

Small deep value individual investor, with a modest private investment portfolio, split approx. 50%-50% between shares and call options. I have a B.Sc. in aeronautical engineering and over 6 years of experience as an engineering consultant in the aerospace sector. The latter statement is not relevant in any way whatsoever to my investment style, but I thought to add it for self-indulgent purposes. I have a contrarian investment style, highly risky, and often dealing with illiquid options. How illiquid? Well ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they ...

HUNT VALLEY, Md. and MOUNTAIN VIEW, Calif., Sept. 18, 2024 /PRNewswire/ -- Textron Systems Corporation, a Textron Inc. (NYSE:TXT) company, a leading developer of crewed and uncrewed military ground vehicles, and Kodiak Robotics, Inc., a leading self-driving technology developer for the trucking and defense markets, announced today that they have integrated the Kodiak Driver, Kodiak's self-driving system, into Textron's Systems' RIPSAW® M3 vehicle. The RIPSAW M3 vehicle, equipped with the Kodiak Driver, is a ...

Core Viewpoint - Textron Inc. has successfully delivered its Beechcraft T-6C Texan II Operational Flight Trainer to the Tunisian Air Force, enhancing military training capabilities [1][2]. Group 1: Product and Technology - The Beechcraft T-6C Texan II is a next-generation military trainer jet designed for diverse training capabilities, long-term reliability, and cost-effective operations [2]. - The Operational Flight Trainer (OFT) features a realistic cockpit, a visual system with a 70 degrees vertical by 270 degrees horizontal field of view, and a dynamic seat for realistic training experiences [2]. Group 2: Market Growth Prospects - The military flight simulator market is expected to grow significantly due to rising geopolitical tensions, technological advancements, and increased spending on combat jets. The global market for Military Aircraft Simulation & Training is projected to have a CAGR of 2% from 2024 to 2031 [3]. - Textron's TRU Simulation unit focuses on high-fidelity flight training solutions, which positions the company to benefit from the growing demand in the Military Aircraft Simulation & Training sector [4]. Group 3: Competitive Landscape - Lockheed Martin's F-35 Full Mission Simulators and BAE Systems' Hawk advanced jet trainer are examples of competitors poised to benefit from the expanding market, with respective long-term earnings growth rates of 4.7% and 12.4% [5][6]. - RTX Corporation's Joint Secure Air Combat Training System also represents a competitive offering in the market, with a long-term earnings growth rate of 10.4% [7]. Group 4: Stock Performance - Textron's stock has increased by 16.2% over the past year, contrasting with a 1.4% decline in the industry [8].

WASHINGTON, DC - OCTOBER 11: A Bell Textron Inc. display is seen at the Association of the U.S. Army ... [+] (AUSA) Annual Meeting's exposition hall at the Walter E. Washington Convention Center on October 11, 2023 in Washington, DC. (Photo by Kevin Dietsch/Getty Images)Getty ImagesTextron (NYSE: TXT) recently reported its Q2 results, with the top line aligning and the bottom-line exceeding our estimates. The company reported revenues of $3.5 billion and adjusted earnings of $1.54 per share, compared to our ...

Textron Inc. (TXT) reported second-quarter 2024 adjusted earnings of $1.54 per share, which surpassed the Zacks Consensus Estimate of $1.49 by 3.4%. The bottom line also improved 5.5% from the year-ago quarter’s figure of $1.46 per share.The company reported GAAP earnings of $1.35 per share, up from $1.30 per share registered in the second quarter of 2023.RevenuesTXT reported total revenues of $3.53 billion, which missed the Zacks Consensus Estimate of $3.55 billion by 0.6%. However, the reported figure inc ...