Textron Q3 revenue slightly misses estimates
TXT•Textron’s third-quarter revenue rose 4% year over year to $3.75 billion, slightly below the $3.77 billion estimate, while adjusted EPS increased to $1.76 from $1.55. The company raised its 2026 adjusted and GAAP EPS forecasts and manufacturing cash flow outlook.
1. Quarterly results
Textron reported third-quarter revenue of $3.75 billion, up 4% year over year and slightly below the $3.77 billion analyst estimate. Adjusted EPS rose to $1.76 from $1.55 a year earlier; EPS from continuing operations was $1.56.
2. Raised 2026 outlook
The company raised its 2026 adjusted EPS outlook to $6.55-$6.65 from $6.40-$6.60 and its GAAP EPS forecast to $5.64-$5.74 from $5.39-$5.59. It increased its manufacturing cash flow before pension contributions outlook to $800 million-$900 million.
3. Business drivers
Higher Citation jet deliveries and aftermarket parts and services volume and pricing contributed to revenue growth at Textron Aviation. Improved program execution at Textron Systems, particularly in armored land vehicles and military training, supported segment revenue and profit growth.
