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NEW YORK - Textron Inc . (NYSE:TXT) reported better-than-expected first quarter results on Thursday, as strong performance in its Bell helicopter and Aviation segments helped drive revenue and earnings growth.
The stock rose 1.16% in premarket trading following the earnings release.
The industrial conglomerate also reaffirmed its full-year 2025 guidance.
Textron posted adjusted earnings per share of $1.28 for Q1, surpassing the analyst consensus of $1.16. Revenue rose 5.5% YoY to $3.3 billion, topping estimates of $3.25 billion.
"In the quarter, we saw strong growth in both military and commercial product lines at Bell," said Textron Chairman and CEO Scott C. Donnelly. "At Aviation, operations continued to improve as the factory progressed toward pre-strike performance levels while ramping production."
The company’s Bell segment saw revenues jump 35% to $983 million, driven by higher military and commercial volumes. Textron Aviation revenues increased 2% to $1.2 billion on stronger aftermarket demand.
Textron reiterated its full-year 2025 adjusted EPS guidance of $6.00 to $6.20, in line with the $6.09 Wall Street consensus. The company expects manufacturing cash flow before pension contributions of $800 million to $900 million for the year.
During the quarter, Textron completed the previously announced sale of its Powersports business, including the Arctic Cat brand and operations. The company returned $215 million to shareholders through share repurchases in Q1.
"At Textron Specialized Vehicles, we completed the sale of the Powersports business, including the Arctic Cat brand and its operations," Donnelly noted.
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