Providence, Rhode Island-based Textron Inc. (TXT) operates in the aircraft, defense, industrial, and finance businesses worldwide. With a market cap of $14.8 billion, the company operates in six segments: Textron Aviation, Bell, Textron Systems, Industrial, Textron eAviation, and Finance.

The company is set to unveil its second-quarter results on Thursday, July 24, before the market opens. Ahead of the event, analysts expect TXT to report non-GAAP earnings of $1.44 per share, down 6.5% from the profit of $1.54 per share reported in the year-ago quarter. Additionally, the company has surpassed the Street’s bottom-line projections in three of the past four quarters, while missing on one occasion.

For the current year, its earnings are expected to come in at $6.12 per share, up 11.7% from $5.48 per share reported in the year-ago quarter. Moreover, in fiscal 2026, its earnings are expected to rise 9.5% year-over-year to $6.70 per share.

TXT stock has declined 4.6% over the past 52 weeks, underperforming the Industrial Select Sector SPDR Fund’s (XLI) 22.8% surge and the S&P 500 Index’s ($SPX) 13.4% uptick during the same time frame.

TXT stock rose 2.6% following the release of its Q1 earnings on Apr. 24. The company’s revenue increased 5.5% year-over-year to $3.3 billion and surpassed the Wall Street estimates, mainly driven by a robust growth in its Bell segment. Additionally, the company’s adjusted EPS rose 6.7% year-over-year to $1.28 and surpassed the consensus estimates by 9.4%.

The consensus opinion on TXT is somewhat optimistic, with a “Moderate Buy” rating overall. Of the 14 analysts covering the stock, opinions include six “Strong Buys,” seven “Holds,” and one “Strong Sell.” Its mean price target of $85.50 suggests a 4% upside potential from current price levels.