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TXT

Textron Inc.

$85.25

Earnings Summary

Revenue
$3135Mn
Net Profits
$201Mn
Net Profit Margins
6.41%
PE Ratio
18.37

Highlights

Revenue:

Textron Inc.’s revenue jumped 3.67% since last year same period to $3135Mn in the Q1 2024. On a quarterly growth basis, Textron Inc. has generated -19.45% fall in its revenue since last 3-months.

Net Profits:

Textron Inc.’s net profit fell -54% since last year same period to $201Mn in the Q1 2024. On a quarterly growth basis, Textron Inc. has generated 1.52% jump in its net profits since last 3-months.

Net Profit Margins:

Textron Inc.’s net profit margin fell -55.63% since last year same period to 6.41% in the Q1 2024. On a quarterly growth basis, Textron Inc. has generated 26.03% jump in its net profit margins since last 3-months.

PE Ratio:

Textron Inc.’s price-to-earnings ratio after this Q1 2024 earnings stands at 18.37.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Textron Inc. post its latest quarter earnings

EPS Estimate Current Quarter
1.48
EPS Estimate Current Year
1.48

Highlights

EPS Estimate Current Quarter:

Textron Inc.’s earning per share (EPS) estimates for the current quarter stand at 1.48 - a 20.33% jump from last quarter’s estimates.

EPS Estimate Current Year:

Textron Inc.’s earning per share (EPS) estimates for the current year stand at 1.48.

Key Ratios

Key ratios of the Textron Inc. post its Q1 2024 earnings

Return on Assets (ROA)
0.05
Return on Equity (ROE)
0.13
Dividend Per Share (DPS)
0.02

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Textron Inc.’s return on assets (ROA) stands at 0.05.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Textron Inc.’s return on equity (ROE) stands at 0.13.

Dividend Per Share (DPS):

Textron Inc. declared 0.02 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-04-25
1.23
1.2
-2.44%