The earnings call reflected a mixed sentiment with notable achievements in backlog growth and new contracts, particularly in the Bell segment, suggesting positive future prospects. However, significant challenges were highlighted, including declines in revenue and segment profit, particularly in the Aviation and Industrial segments, as well as decreased manufacturing cash flow. The guidance for 2025 indicates optimism with projected revenue and EPS growth.
Company Guidance
During the Textron Q4 2024 earnings call, guidance for 2025 was provided, highlighting expectations of revenue growth to approximately $14.7 billion, a 7% increase from 2024. The company projected adjusted earnings per share (EPS) to be between $6 and $6.20, with manufacturing cash flow before pension contributions estimated in the range of $800 million to $900 million. Segment-specific forecasts included Textron Aviation with revenues around $6.1 billion and a margin of 12% to 13%, Bell with revenues of $4 billion and a margin of 8.5% to 9.5%, and Textron Systems with revenues of $1.3 billion and a margin of 12% to 13%. The Industrial segment was expected to generate approximately $3.2 billion in revenue with a margin of 4.5% to 5.5%. Textron eAviation was projected to have revenues of $45 million, with a segment loss of $70 million due to ongoing investments in sustainable aviation solutions. The finance segment was anticipated to bring in about $25 million in profit. The company also projected an increase in research and development expenses to $500 million and capital expenditures to $425 million.
Bell Segment Revenue Growth
Bell saw a 13.7% increase in revenues for the year, driven by the expansion of the FARA program and steady commercial order activity.
Strong Backlog Growth
Aviation segment ended the year with a backlog of $7.8 billion, an increase of $676 million from 2023.
New Contracts and Certifications
Aviation secured an order for 26 Beechcraft King Air 260s and achieved type certification for the Cessna SkyCourier by Transport Canada's Civil Aviation.
Projected Revenue and EPS Growth for 2025
Textron projects revenues of about $14.7 billion, up 7% from 2024, and adjusted EPS in the range of $6 to $6.20.
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Textron (TXT) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
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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TXT Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Jan 22, 2025
$81.20
$78.41
-3.44%
Oct 24, 2024
$86.85
$81.47
-6.19%
Jul 18, 2024
$92.03
$92.58
+0.60%
Apr 25, 2024
$93.94
$84.84
-9.69%
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 (TXT) report earnings?
Textron (TXT) is schdueled to report earning on Jan 22, 2025, TBA Not Confirmed.
What is Textron (TXT) earnings time?
Textron (TXT) 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.