Textron ( (TXT) ) has released its Q4 earnings. Here is a breakdown of the information Textron presented to its investors.
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Textron Inc. is a multi-industry company that operates in the aircraft, defense, industrial, and finance sectors, known for its globally recognized brands such as Bell, Cessna, and Beechcraft. The company has recently released its fourth-quarter results for 2024, highlighting a decrease in earnings per share compared to the previous year, while also providing an optimistic outlook for 2025. Textron reported a fourth-quarter EPS of $0.76, which fell from $1.01 in the same period last year. Adjusted EPS for the entire year was $5.48, slightly down from $5.59 in 2023. Despite challenges, including a work stoppage at Textron Aviation, the company saw strong order activity and product development progress, particularly with the launch of the Gen3 family of light jets. The aviation segment experienced a decrease in revenue due to production disruptions, but the backlog increased to $7.8 billion. Bell’s revenues improved, driven by higher military program volumes, while Textron Systems maintained a steady performance. The Industrial segment faced lower volumes, prompting strategic restructuring actions. Looking ahead, Textron anticipates an increase in revenues to approximately $14.7 billion in 2025, with expectations of improved productivity and growth across its businesses. The company’s 2025 EPS forecast ranges from $5.19 to $5.39, with an adjusted outlook of $6.00 to $6.20, reflecting a positive trajectory despite recent headwinds.
