The highly anticipated financial results for the third quarter of Textron (NYSE: TXT) are scheduled to be disclosed on Thursday 24th October 2024. This important update will be made available before market open, providing investors and market participants with key information regarding the company's financial status.
the business is projected to announce an estimated per share $1.49 profit for the quarter, as predicted by financial analysts on Wall Street. Moreover, the company is expected to disclose a total revenue of $3.51 billion for this period.
During the same quarter of the previous year, the company's earnings report indicated a per-share income of $1.49. This noteworthy figure was a direct outcome of the company's total revenue, which reached an impressive $3.34 billion during that specific period.
Financial analysts have shared their forecasts for the company's annual performance, indicating their belief that the company will achieve a total revenue of $14.3 billion. Additionally, they predict that the earnings per share for the company will hit profit of $6.11 by the end of the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.54 | +5.5% | 3.53 B | +3.0% |
| Q1 2024 | $1.20 | +14.3% | 3.14 B | +3.7% |
| Q4 2023 | $1.60 | +49.5% | 3.89 B | +7.0% |
| Q3 2023 | $1.49 | +40.6% | 3.34 B | +8.6% |
| Q2 2023 | $1.46 | +46.0% | 3.42 B | +8.6% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 24th October 2024 at 08:00 AM eastern time to review the Q3 2024 financial results.
The previous trading day saw Textron (TXT) shares trading between $86.70 and $89.09, besides a volume of 810.30 thousand shares. The stock closed Tuesday's regular trading session at $87.55, marking 2.06 percent decline.
