The Latest Breaking News from TXT

The heightened military spending globally due to the Russia-Ukraine war is creating lucrative opportunities for the defense sector. Given the solid prospects of the defense market, we think outperforming defense stocks Textron (TXT), Lockheed Martin (LMT), and Northrop Grumman (NOC) might be solid additions to one’s portfolio amid the ongoing…

Top-notch aerospace and defense stock Textron (TXT) has registered solid gains in its most recent quarter. Moreover, considering bullish analysts’ expectations around the stock, I think it could be worth buying now. Read on.

Textron Inc. (NYSE:TXT) reported first-quarter FY22 sales growth of 4.2% year-over-year to $3 billion, beating the consensus of $2.74 billion. Revenue by segments: Textron Aviation $1.04 billion (+20.2% Y/Y), Bell $834 million (-1.4% Y/Y), Textron Systems $273 million (-16.8% Y/Y) and Industrial $838 million (+1.6% Y/Y). EPS of $0.88 topped the consensus…

  Textron (NYSE:TXT) reported its Q1 earnings results on Thursday, April 28, 2022 at 06:30 AM. Here's what investors need to know about the announcement.

Textron (NYSE:TXT) is set to give its latest quarterly earnings report on Thursday, 2022-04-28. Here's what investors need to know before the announcement. Analysts estimate that Textron will report an earnings per share (EPS) of $0.67.

Textron Aviation, a Textron Inc (NYSE:TXT) company, has entered into a purchase agreement with Exclusive Jets, LLC, operating as flyExclusive, for up to 30 Cessna Citation CJ3+ jets. Financial terms were not disclosed. flyExclusive expects to take delivery of five aircraft in 2023, with the option to buy additional aircraft for deliveries through 2025.…

Textron Inc. (NYSE:TXT) has agreed to purchase Pipistrel, an electrically powered aircraft manufacturer based in Slovenia and Italy. Deal terms were not disclosed. Textron plans to form a new business segment, Textron eAviation, focused on developing sustainable aircraft, which will include Pipistrel. “Pipistrel puts Textron in a uniquely strong position to develop…

If history is any guide, there may be trouble ahead for shares of Textron (NYSE:TXT). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

The aerospace industry is rebounding gradually with increasing demand. Furthermore, rising geopolitical tensions are focusing greater investor attention on industry details. For instance, although Boeing (BA) is a major player in the industry, the company is facing manufacturing issues that are affecting its deliveries. Thus, we think Textron (TXT), Grupo…

Despite the shares of Textron (TXT) having plunged 13.5% in price over the past month, the company is making efforts to boost its operational performance through its diversified brand portfolio. So, let's evaluate if it is wise to bet on the stock at its current price level.

  Textron (NYSE:TXT) reported its Q4 earnings results on Thursday, January 27, 2022 at 06:30 AM. Here's what investors need to know about the announcement.