To make our earnings more predictable, we entered an agreement with Textron Aviation to purchase three Cessna Citation CJ4 jets, which will be delivered in stages-one each in the first, second, and ...
As defense spending ramps up, the aerospace and defense industry presents substantial investment potential, fueled by ...
UBS lowered the firm’s price target on Textron (TXT) to $79 from $87 and keeps a Sell rating on the shares. Textron missed in Q3 and cut its EPS and free cash flow guidance due to the strike ...
Frank T. Connor, executive vice president and chief financial officer of Textron, intends to retire on Feb. 28, 2025. David Rosenberg, vice president, investor relations at Textron, has been elected ...
Bell Backlog: Grew by $2.3 billion, totaling $6.5 billion. Textron Systems Revenue: $301 million, down $8 million from last year. Textron Systems Segment Profit: $39 million, down $2 million from ...
A four-week machinists’ strike and resulting slowdown in aircraft-deliveries cost Textron Aviation about $30 million in the third-quarter and prompted parent Textron to trim 2024 financial ...
Textron reported mixed third-quarter earnings, with labor disruptions impacting results but military contracts driving growth in some segments. Textron is a multi-industry company known for its ...
Textron’s (NYSE:TXT) shares fell as much as 7.2% on Thursday after the industrial conglomerate reported third-quarter earnings that were less than expected, and revised its fiscal 2024 guidance ...
Welcome to the Textron Third Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. [Operator Instructions ...
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(Reuters) - Cessna jet maker Textron lowered its annual profit forecast on Thursday, citing impact of the four-week strike by 5,000 workers at its Wichita plant. The company now expects its 2024 ...