Textron (TXT) Projected to Post Quarterly Earnings on Thursday

Key Points

• Textron is expected to report Q3 2026 results before the market opens on October 29. Analysts forecast earnings of $1.43 per share on $3.77 billion in revenue, compared with the company’s full-year EPS guidance of $6.40–$6.60.
• The company’s previous quarter exceeded expectations, with EPS of $1.62 versus the $1.55 consensus and revenue of $3.83 billion, up 3% year over year.
• Wall Street’s consensus rating is Hold, with an average price target of $99.11; several analysts recently lowered their targets, while Textron shares were trading at $77.39.

Textron (NYSE:TXT - Get Free Report) is projected to announce its Q3 2026 results before the market opens on Thursday, October 29th. Analysts expect Textron to post earnings of $1.43 per share and revenue of $3.77 billion for the quarter. Textron has set its FY 2026 guidance at 6.400-6.600 EPS. Investors can find conference call details on the company's upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, October 29, 2026 at 8:00 AM ET.

Textron (NYSE:TXT - Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The aerospace company reported $1.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.55 by $0.07. Textron had a return on equity of 14.30% and a net margin of 6.12%. The company had revenue of $3.83 billion for the quarter, compared to analysts' expectations of $3.81 billion. During the same period last year, the firm earned $1.55 EPS. The firm's revenue for the quarter was up 3.0% on a year-over-year basis. On average, analysts expect Textron to post $6.51 EPS for the current fiscal year and $7.31 EPS for the next fiscal year.

Textron Stock Up 0.3%

TXT opened at $77.39 on Thursday. Textron has a one year low of $71.87 and a one year high of $101.57. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.85 and a current ratio of 1.86. The stock's fifty day moving average is $79.35 and its 200-day moving average is $86.65. The company has a market capitalization of $13.31 billion, a PE ratio of 14.60, a P/E/G ratio of 1.12 and a beta of 0.91.

Textron Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Friday, September 11th were paid a dividend of $0.02 per share. The ex-dividend date of this dividend was Friday, September 11th. This represents a $0.08 annualized dividend and a yield of 0.1%. Textron's dividend payout ratio (DPR) is currently 1.51%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Morgan Stanley lowered their target price on Textron from $98.00 to $86.00 and set an "equal weight" rating on the stock in a report on Friday, October 16th. Citigroup dropped their price target on shares of Textron from $99.00 to $86.00 and set a "neutral" rating on the stock in a research report on Wednesday, October 7th. Weiss Ratings downgraded shares of Textron from a "buy (b-)" rating to a "hold (c+)" rating in a report on Friday, September 18th. UBS Group reissued a "neutral" rating and issued a $95.00 price target on shares of Textron in a report on Wednesday, July 29th. Finally, TD Cowen reduced their price objective on shares of Textron from $105.00 to $100.00 and set a "buy" rating for the company in a research report on Friday, October 9th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of "Hold" and an average target price of $99.11.

About Textron

Textron Inc NYSE: TXT is a diversified industrial company that develops and manufactures aircraft, helicopters, specialized vehicles, defense systems and other industrial products. Founded in 1923 by Royal Little, the company has grown through the development and acquisition of businesses serving commercial, government and consumer markets.

Textron Aviation produces business jets, turboprop aircraft and general aviation aircraft under the Cessna and Beechcraft brands. Bell designs and manufactures military and commercial helicopters, tiltrotor aircraft and related support services.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.