Textron Inc. reported second-quarter 2026 adjusted earnings of $1.62 per share, surpassing the Zacks Consensus Estimate of $1.52 by 6.6% and rising 4.5% from $1.55 a year ago, while total revenues of $3.83 billion beat estimates by 0.15% and increased 3% year over year. The company initiated a sale process for its Industrial segment during the quarter, and its order backlog across segments totaled $8 billion for Textron Aviation, $7.5 billion for Bell, and $3.3 billion for Textron Systems. Textron expects 2026 adjusted earnings in the range of $6.40-$6.60 per share, with the consensus estimate at $6.60, the high end of guidance. Since the earnings report, the consensus estimate has shifted downward by 9.25%, and the stock has underperformed the S&P 500, losing about 2.7% in the past month. Textron holds a Zacks Rank #3 (Hold), with a VGM Score of C, reflecting a subpar Growth Score of D, a Momentum Score of F, and a Value Score of A.
Textron IncQ2 earnings beat but guidance midpoint below consensus and stock underperformed
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