07:13 AM EDT, 10/24/2024 (MT Newswires) -- Textron ( TXT ) reported fiscal Q3 adjusted earnings Thursday of $1.40 per diluted share, down from $1.49 a year earlier.

Analysts polled by Capital IQ expected $1.50.

Revenue for the quarter ended Sept. 28 was $3.43 billion, compared with $3.34 billion a year earlier.

Analysts polled by Capital IQ expected $3.52 billion.

The company said it now expects fiscal 2024 adjusted EPS of $5.40 to $5.60, compared with its previous guidance range of $6.20 to $6.40.

Analysts polled by Capital IQ expect $6.17.

Textron's ( TXT ) shares were down more than 3% in recent Thursday premarket activity.

Price: 83.50, Change: -3.37, Percent Change: -3.88