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Textron Gears Up to Report Q3 Earnings: Here's What to Expect

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Key Takeaways

  • Textron's Q3 revenues are expected to rise 4.3% to $3.76 billion, while earnings may decline 7.7% to $1.43.
  • Higher aircraft deliveries, aftermarket revenues and defense program sales are likely to support TXT's growth.
  • Improved pricing may support TXT's earnings, but higher product costs and administrative expenses pose risks.

Textron Inc. (TXT - Free Report) is scheduled to release its third-quarter 2026 results on Oct. 29, before market open. The company delivered an earnings surprise of 6.58% in the last reported quarter.

Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.

Factors Likely to Affect TXT’s Q3 Results

Higher aircraft deliveries, along with increased aftermarket parts and services revenues and a strong backlog, are expected to have supported Textron Aviation’s top-line performance in the third quarter.

At Bell, higher sales volumes from the MV-75 program and stronger commercial helicopter parts and services revenues are likely to have driven revenue growth.

Textron Systems is expected to have benefited from increased sales of armored land vehicles and higher revenues from military training and support services provided by Airborne Tactical Advantage Company.

Lower sales volumes of specialized vehicles may have weighed on Textron’s Industrial segment’s performance.

Improved pricing and growing contributions from aftermarket and defense programs are expected to have supported Textron’s third-quarter earnings. However, higher costs of products sold, and increased selling and administrative expenses may have limited overall profitability.

Q3 Expectations for TXT

The Zacks Consensus Estimate for revenues stands at $3.76 billion, indicating a year-over-year improvement of 4.3%.

The Zacks Consensus Estimate for earnings is pegged at $1.43 per share, calling for a year-over-year fall of 7.7%.

What the Zacks Model Unveils for TXT

Our proven model does not conclusively predict an earnings beat for TXT this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here, as you will see below.

Textron Inc. Price and EPS Surprise

Textron Inc. Price and EPS Surprise

Textron Inc. price-eps-surprise | Textron Inc. Quote

Earnings ESP: Textron has an Earnings ESP of -6.83%. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.

Zacks Rank: TXT currently carries a Zacks Rank of 3. You can see the complete list of today’s Zacks #1 Rank stocks here.

Stocks to Consider

Below, we have mentioned a few players from the same sector that have the right combination of elements to beat on earnings in the upcoming releases:

General Dynamics Corporation (GD - Free Report) is set to report its third-quarter 2026 earnings on Oct. 30, before market open. It has an Earnings ESP of +0.77% and a Zacks Rank of 3 at present.

The Zacks Consensus Estimate for GD’s earnings is pegged at $4.14 per share, calling for a year-over-year rise of 6.7%. The consensus estimate for its sales is pegged at $13.69 billion, indicating year-over-year growth of 6%.

BWX Technologies, Inc. (BWXT - Free Report) is expected to report its third-quarter 2026 earnings on Nov. 2, after market close. It has an Earnings ESP of +0.22% and a Zacks Rank of 3 at present.

The consensus estimate for BWXT’s earnings is pegged at $1.19 per share, implying a year-over-year rise of 19%. The consensus estimate for its sales is pegged at $992.4 million, indicating year-over-year growth of 14.6%.

Curtiss-Wright Corporation (CW - Free Report) is set to report its third-quarter 2026 earnings on Nov. 4, 2026, after market close. It has an Earnings ESP of +0.23% and a Zacks Rank of 3 at present.

The Zacks Consensus Estimate for CW’s earnings is pegged at $3.76 per share, suggesting a year-over-year jump of 10.6%. The consensus estimate for its sales is pegged at $937 million, indicating year-over-year growth of 7.8%.

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