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Barchart
Barchart
Neha Panjwani

Textron's Q3 2024 Earnings: What to Expect

Textron TXT

Providence, Rhode Island-based Textron Inc. (TXT) operates in the aircraft, defense, industrial, and finance businesses. Valued at $16.4 billion by market cap, the company provides airplanes, helicopters, weapons, and automotive products. Textron's finance division offers asset-based lending, aviation, distribution, golf, and resort finance, as well as structured capital. The multi-industry company is expected to announce its fiscal third-quarter earnings for 2024 before the market opens on Thursday, Oct. 24.

Ahead of the event, analysts expect TXT to report a profit of $1.50 per share on a diluted basis, up marginally from $1.49 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing the forecast on another occasion. 

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