Textron Q3 2026: EPS Beats Expectations as MV-75 Funding Clears
As seen on the 24/7 Wall St. homepage on October 29, 2026.
Congressional approval of MV-75 Cheyenne funding cleared the overhang, and management immediately raised full-year adjusted EPS guidance to $6.55-$6.65. Citation jet delivery gains offset softer Bell volume and revenue missing expectations.
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Textron's adjusted EPS of $1.76 beat expectations, the fourth consecutive quarter the company has topped earnings estimates.
Textron Aviation carried the quarter with revenue rising 14% on higher Citation jet deliveries, while weaker Bell military and commercial helicopter sales left total revenue short of expectations.
Congressional approval of the Above Threshold Reprogramming request tied to the MV-75 program cleared an overhang on Bell, and management raised full-year adjusted EPS guidance to $6.55 to $6.65.
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Operating cash flow more than doubled year over year to $426 million, funding continued share repurchases.
Textron Systems grew revenue 16% on armored land vehicles and ATAC training services, while the planned Industrial separation and Aviation manufacturing inefficiencies remain worth monitoring.
Mentioned: TXT