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

(RTTNews) - Thursday, Textron Inc. (TXT), while reporting fourth-quarter earnings results, revealed that it expects revenue to increase to around $14.7 billion for fiscal year 2025, up from $13.7 billion in 2024.

The Rhode Island-based company expects revenue growth due to a stabilized production line with improved productivity at Textron Aviation, growth across its aerospace and defense businesses, and an improved cost structure in its Industrial segment.

Textron projects full-year 2025 earnings per share from continuing operations of $5.19 to $5.39, and adjusted earnings per share of $6.00 to $6.20.

Analysts, on average, sees revenue of $14.76 billion, and earnings of $6.31 per share for the same period.

In the pre-market hours, Textron's stock is falling 3.93 percent, to $78.01 on the New York Stock Exchange.