Textron lifts Q3 adjusted EPS to $1.76 and raises full-year outlook

what happened

According to TradingView, which drew on filings made with the SEC, Textron's third-quarter 2026 revenue came to $3.751 billion, against $3.602 billion a year earlier. Net income rose to $270 million from $234 million, while adjusted diluted EPS climbed to $1.76 from $1.55.

The company raised its 2026 forecast. Adjusted EPS is now expected in a range of $6.55 to $6.65, and manufacturing cash flow before pension contributions in a range of $800 million to $900 million. In the quarter, that cash flow measure reached $418 million, compared with $281 million a year earlier.

Textron Aviation delivered 51 jets versus 42, and its backlog reached $8.0 billion. Textron Systems reported more activity in armored land vehicles, with a backlog of $3.5 billion. The MV-75 Cheyenne program is moving forward, and the U.S. Army received Congressional approval for related reprogramming.

why it matters

The key signal for markets is the higher outlook. It suggests management sees steady demand for aircraft and military equipment, and cash generation growing noticeably faster than a year ago. Turboprop deliveries fell from 39 to 32, however, which investors may question.

market impact

Textron shares: the raised outlook supports the stock on higher expected profit and cash flow

• ▲Textron shares pressure up — a higher 2026 outlook points to rising earnings and cash flow

tags

instruments