Textron reports Q4 adjusted EPS $1.34, consensus $1.25

Reports Q4 revenue $3.61B, consensus $3.82B. Reports Aviation backlog of $7.8B at year-end 2024, up $676M from year-end 2023. “While a work stoppage at Textron (TXT) Aviation impacted our 2024 financial results, we saw strong order activity, aftermarket growth, and continued new product development activities with the announcement of the Gen3 family of light jets,” said Textron Chairman and CEO Scott C. Donnelly. “At Bell, we made significant progress on FLRAA achieving Milestone B, which launched the Engineering and Manufacturing Development phase of the program.”