Textron (TXT) reported Q4 adjusted earnings Wednesday of $1.34 per diluted share, down from $1.60 a year earlier.

Analysts surveyed by FactSet expected $1.28.

Revenue for the quarter ended Dec. 28 was $3.61 billion, compared with $3.89 billion a year earlier.

Analysts polled by FactSet expected $3.75 billion.

For 2025, the company said it expects adjusted EPS of $6 to $6.20. Analysts polled by FactSet expect $6.24.

Revenue for the year is projected to be $14.7 billion. Analysts polled by FactSet expect $14.61 billion.

Textron shares were down more than 3% in recent premarket activity.

Price: 78.01, Change: -3.19, Percent Change: -3.93