Providence, Rhode Island-based Textron Inc. (TXT) operates in the aircraft, defense, industrial, and finance businesses. Valued at $16 billion by market cap, the company provides airplanes, helicopters, weapons, and automotive products. Textron's finance division offers asset-based lending, aviation, distribution, golf, and resort finance, as well as structured capital. The multi-industry company is expected to announce its fiscal second-quarter earnings for 2026 in the near future.
Ahead of the event, analysts expect TXT to report a profit of $1.52 per share on a diluted basis, down 1.9% from $1.55 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing the forecast on another occasion.