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BUZZ - Textron's third-quarter earnings beat expectations and earnings guidance is raised, driving stock price higher

BUZZ - Textron's third-quarter earnings beat expectations and earnings guidance is raised, driving stock price higher

路透社路透社2026/10/29 11:49
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- ** Aerospace, defense, and industrial conglomerate Textron TXT.N saw its pre-market share price rise by 7.7% to $84.3

** If the rally holds, the stock is set to open at about a two-month high

** The company raised its full-year adjusted earnings per share (EPS) guidance to a range of $6.55 to $6.65, up from the previous forecast of $6.40 to $6.60

** According to data compiled by London Stock Exchange Group (LSEG), the company reported third-quarter adjusted EPS of $1.76, beating analysts’ expectations of $1.45

** Third-quarter revenue was $3.75 billion, in line with analysts’ expectations

** Of 17 brokerages, eight rate the stock “buy” or higher, and nine rate it “hold”; the median price target is $99.62

** As of the close of the previous trading day, TXT has fallen 10.2% year-to-date


(To assist non-English speakers, Reuters automatically translates its reports into several other languages. As automated translation may contain errors or lack necessary context, Reuters does not guarantee the accuracy of automated translations and provides them solely for the convenience of readers. Reuters accepts no responsibility for any loss or damage arising from the use of this automated translation function.)

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