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Stock impact report

Are Restructuring Charges Likely to Hurt Textron's Q3 Results? [Yahoo! Finance]

Textron Inc. (TXT) 
Last textron inc. earnings: 4/30 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Textron Inc. TXT is scheduled to release third-quarter 2024 results on Oct. 24, before market open. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. The company has a four-quarter average earnings surprise of 4.75%. The solid revenue performance across most of its business segments is likely to have contributed favorably to Textron's top-line performance. However, charges related to its restructuring plan are likely to have hurt overall earnings. Textron Aviation – A Key Contributor to Revenues Robust growth in aftermarket revenues, bolstered by solid aircraft utilization driven by improved commercial air travel in recent years, is likely to have benefited Textron Aviation's revenue performance. Revenues earned from robust jet and commercial turboprop deliveries are expected to have boosted this segment's top line. The Zacks Consensus Estimate for this segment's revenues is pegged at $1,463.5 million, which indicates an improvement of 9.4% from the Show less Read more
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