Textron reports higher third-quarter earnings and raises 2026 outlook
Filed with the SEC on · Summarized by InvestorsBot
Textron reported third-quarter 2026 revenue of $3.75 billion, up 4% from a year earlier, while GAAP EPS rose to $1.56 from $1.31 and adjusted EPS increased to $1.76 from $1.55. The company raised its 2026 adjusted EPS outlook to $6.55-$6.65 and manufacturing cash flow outlook to $800-$900 million after the U.S. Army received Congressional approval for funding tied to the MV-75 Cheyenne program; Textron also repurchased $239 million of shares during the quarter.