Textron (TXT) Tops Q2 EPS by 2c; Reiterates Outlook

Textron (NYSE: TXT) reported Q2 EPS of $0.66, $0.02 better than the analyst estimate of $0.64. Revenue for the quarter came in at $3.5 billion versus the consensus estimate of $3.36 billion.

“Revenues were up at Systems, Industrial and Textron Aviation despite a challenging global environment, reflecting our continued investment in new products and acquisitions,” said Textron Chairman and CEO Scott C. Donnelly.

GUIDANCE:

Textron sees FY2016 EPS of $2.60-$2.80, versus the consensus of $2.72.

For earnings history and earnings-related data on Textron (TXT) click here.

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