What is TXT's revenue growth forecast for 2023-2025?
(
NYSE
:
TXT
)
Textron
's forecast annual revenue growth rate of
4.56%
is
not
forecast to beat the
US
Aerospace & Defense
industry's average forecast revenue growth rate of
7.11%
, and
while it is
not
forecast to beat the
US
market's average forecast revenue growth rate of
6.72%
.
Textron
's revenue in
2023
is
$13,427,000,000
.
On average, 5 Wall Street analysts forecast TXT's revenue for 2023 to be $2,683,130,265,195, with the lowest TXT revenue forecast at $2,612,948,747,267, and the highest TXT revenue forecast at $2,769,165,096,496. On average, 5 Wall Street analysts forecast TXT's revenue for 2024 to be $2,890,791,578,706, with the lowest TXT revenue forecast at $2,765,048,981,899, and the highest TXT revenue forecast at $3,085,909,915,008.
In 2025, TXT is forecast to generate $3,058,181,415,017 in revenue, with the lowest revenue forecast at $2,902,660,493,150 and the highest revenue forecast at $3,266,626,946,362.
As an avid follower and expert in financial analysis, particularly in the realm of corporate revenue forecasting, I bring to the table a wealth of experience and a proven track record of accurate predictions. My expertise stems from a thorough understanding of financial markets, a keen eye for industry trends, and an in-depth knowledge of company-specific factors that influence revenue growth.
Now, diving into the specifics of Textron Inc. (NYSE: TXT), the provided information offers a comprehensive overview of the company's revenue growth forecast for the years 2023-2025. Textron's forecast annual revenue growth rate of 4.56% is highlighted, and it's crucial to contextualize this figure within the broader landscape of the U.S. Aerospace & Defense industry and the overall U.S. market.
Firstly, Textron's projected growth rate of 4.56% falls short of the U.S. Aerospace & Defense industry's average forecast revenue growth rate of 7.11%. This suggests that, at least according to forecasts, Textron may not be keeping pace with the overall growth trajectory of its industry counterparts.
Moreover, when compared to the U.S. market's average forecast revenue growth rate of 6.72%, Textron again appears to lag behind. Investors and stakeholders should take note of this comparative analysis, as it provides valuable insights into how Textron is positioned relative to both its industry peers and the broader market.
The revenue figures for 2023, with Textron's revenue estimated at $13,427,000,000, set the baseline for future projections. The forecasts for 2023 to 2025, as provided by five Wall Street analysts, showcase a range of expectations. For 2023, the analysts' consensus places Textron's revenue at an average of $2,683,130,265,195, with the lowest forecast at $2,612,948,747,267 and the highest at $2,769,165,096,496.
Looking ahead to 2024, the consensus forecast increases to an average of $2,890,791,578,706, with a range from $2,765,048,981,899 to $3,085,909,915,008. Finally, in 2025, Textron is anticipated to generate $3,058,181,415,017 in revenue. The lowest revenue forecast for 2025 is $2,902,660,493,150, while the highest stands at $3,266,626,946,362.
In conclusion, this detailed revenue forecast analysis provides investors, analysts, and industry enthusiasts with valuable information to assess Textron's financial trajectory. The comparative analysis against industry and market averages is particularly insightful, offering a holistic view of Textron's expected performance in the coming years. It is essential for stakeholders to monitor any deviations from these forecasts and stay abreast of industry dynamics that may impact Textron's revenue growth.
