What Happened
Textron Beats Earnings Expectations Amid Strong Aviation Demand
Textron reported Q3 2026 revenue of $3.75 billion, up 4.1% year on year, and adjusted EPS of $1.76, beating analysts’ estimates by 21.8%. The company’s Aviation segment saw robust demand, with higher jet deliveries and aftermarket growth, while defense contract milestones and supply chain initiatives also contributed to growth. Management raised its full-year adjusted EPS guidance and emphasized ongoing investments in automation and tooling to unlock higher production rates. This was reported by Unknown Source.