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Textron (GB:0LF0)
LSE:0LF0
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Earnings Data
Report Date
Jan 22, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
1.33Last Year’s EPS
1.6Same Quarter Last Year
Moderate Buy
Based on 9 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 18, 2018
|% Change Since: -10.48%
|Next Earnings Date:Jul 18, 2018
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture. While there were notable achievements in Aviation backlog increase, Bell's revenue growth, and significant milestones in the FLRAA program, there were significant challenges such as the impact of the IAM strike on Aviation, decline in Industrial segment performance, and reduced full-year earnings and cash flow outlook.Company Guidance
During the Textron Q3 2024 earnings call, the company provided updated guidance reflecting adjustments due to an aviation strike. Textron revised its full-year adjusted earnings per share (EPS) outlook to $5.40-$5.60, down from $6.20-$6.40, primarily due to disruptions from the strike that affected aircraft production and deliveries. The company now anticipates manufacturing cash flow before pension contributions to range between $650 million and $750 million, down from the previous range of $900 million to $1 billion. Textron Aviation's revenue is expected to be around $5.5 billion with a segment margin of 11%, while Bell's revenue outlook remains unchanged, with an improved margin between 10.5% and 11%. Textron Systems' revenue guidance is steady, with margins anticipated at the top end or slightly above the 11%-12% guidance. The Industrial segment's revenue is expected to be approximately $3.5 billion, with a margin of around 4%, and eAviation's revenue is projected at $35 million, maintaining a segment loss of around $75 million.Increased Revenue and Backlog in Aviation
Aviation delivered 41 jets, up from 39 last year, with a backlog increase of $162 million, ending the quarter at $7.6 billion. Over $1 billion in new orders were booked.
Bell Segment Growth
Bell's revenues were $929 million, up $175 million from last year, with a segment profit increase of $21 million. The backlog grew by $2.3 billion, totaling $6.5 billion.
FLRAA Program Milestone
The U.S. Army announced approval of Milestone B for the FLRAA program, transitioning it to the engineering and manufacturing development phase.
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GB:0LF0 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GB:0LF0 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 24, 2024 | $86.94 | $80.87 | -6.98% |
| Jul 18, 2024 | $92.25 | $92.31 | +0.05% |
| Apr 25, 2024 | $94.02 | $85.03 | -9.57% |
| Jan 24, 2024 | $78.95 | $86.18 | +9.17% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Textron (GB:0LF0) report earnings?
Textron (GB:0LF0) is schdueled to report earning on Jan 22, 2025, TBA Not Confirmed.
What is Textron (GB:0LF0) earnings time?
Textron (GB:0LF0) earnings time is at Jan 22, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Textron stock?
The P/E ratio of Textron is N/A.
What is GB:0LF0 EPS forecast?
GB:0LF0 EPS forecast for the fiscal quarter 2024 (Q4) is 1.33.
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