Aerospace and defense company Textron (NYSE: TXT) will be reporting results this Wednesday before market open. Here’s what to expect.

Textron missed analysts’ revenue expectations by 1.9% last quarter, reporting revenues of $3.60 billion, up 5.1% year on year. It was a mixed quarter for the company, with a solid beat of analysts’ EBITDA estimates but a miss of analysts’ revenue estimates.

Is Textron a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting Textron’s revenue to grow 12.9% year on year to $4.08 billion, a reversal from the 7.2% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.70 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Textron has missed Wall Street’s revenue estimates six times over the last two years.

Looking at Textron’s peers in the aerospace and defense segment, some have already reported their Q4 results, giving us a hint as to what we can expect. AAR delivered year-on-year revenue growth of 15.9%, beating analysts’ expectations by 4.4%, and CACI reported revenues up 5.7%, falling short of estimates by 2.4%. AAR traded up 2.1% following the results while CACI was also up 3.6%.

Read our full analysis of AAR’s results here and CACI’s results here.

There has been positive sentiment among investors in the aerospace and defense segment, with share prices up 8.7% on average over the last month. Textron is up 7.4% during the same time and is heading into earnings with an average analyst price target of $98.41 (compared to the current share price of $94.62).

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