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Rashmi Kumari

Textron's Quarterly Earnings Preview: What You Need to Know

Textron Inc. (TXT), headquartered in Providence, Rhode Island, is a known multi-industry company recognized for its expertise in aviation, defense, and industrial manufacturing. With a market cap of $14.2 billion, Textron delivers innovative products and services designed to meet the evolving needs of customers worldwide. The company is set to release its Q4 earnings before the market opens on Wednesday, Jan. 22.

Ahead of the event, analysts expect Textron to report a profit of $1.31 per share, down 18.1% from $1.60 in the year-ago quarter. The company missed the consensus estimates in two of the last four quarters while beating on two other occasions.

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