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FX.co ★ Textron Expects Higher Revenue In FY25, Stock Drops In Pre-Market

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typeContent_19130:::2025-01-22T12:17:00

Textron Expects Higher Revenue In FY25, Stock Drops In Pre-Market

Textron Inc. (TXT) announced its fourth-quarter earnings on Thursday, projecting a revenue increase to approximately $14.7 billion for fiscal year 2025, compared to $13.7 billion in 2024. This Rhode Island-based corporation anticipates revenue growth driven by a streamlined production line with heightened productivity at Textron Aviation, expansion within its aerospace and defense sectors, and a refined cost structure in its Industrial division.

For the entire year of 2025, Textron forecasts earnings per share from ongoing operations to be between $5.19 and $5.39, with adjusted earnings per share projected at $6.00 to $6.20. In comparison, analysts’ consensus estimates place revenue at $14.76 billion and earnings at $6.31 per share for the identical period.

Despite these projections, Textron's stock experienced a decline of 3.93 percent in pre-market trading, bringing its share price down to $78.01 on the New York Stock Exchange.

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