The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Textron's revenues will grow 4.9% and EPS will grow 16.3%.
The average estimate for revenue is $3.41 billion. On the bottom line, the average EPS estimate is $0.57.
Last quarter, Textron notched revenue of $3.00 billion. GAAP reported sales were 6.6% higher than the prior-year quarter's $2.81 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.48. GAAP EPS of $0.51 for Q3 were 8.5% higher than the prior-year quarter's $0.47 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 17.0%, 20 basis points better than the prior-year quarter. Operating margin was 8.1%, 20 basis points better than the prior-year quarter. Net margin was 5.0%, about the same as the prior-year quarter.
The full year's average estimate for revenue is $12.27 billion. The average EPS estimate is $2.03.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 540 members out of 591 rating the stock outperform, and 51 members rating it underperform. Among 174 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 164 give Textron a green thumbs-up, and 10 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Textron is outperform, with an average price target of $31.07.
Looking for alternatives to Textron? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.
- Add Textron to My Watchlist.