Textron (TXT) Tops Q3 EPS by 2c; Boosts Low End of FY15 EPS Guidance

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Go back to Textron (TXT) Tops Q3 EPS by 2c; Boosts Low End of FY15 EPS Guidance

Textron Reports Third Quarter 2015 Income from Continuing Operations of $0.63 per Share, up 10.5%

October 27, 2015 6:30 AM EDT

PROVIDENCE, R.I.--(BUSINESS WIRE)-- Textron Inc. (NYSE: TXT) today reported third quarter 2015 income from continuing operations of $0.63 per share, up 10.5 percent from $0.57 per share in the third quarter of 2014.

Revenues in the quarter were $3.2 billion, down 7.3 percent compared to $3.4 billion in the third quarter of 2014. Textron segment profit in the quarter was $312 million, up $19 million from the third quarter of 2014. Third quarter manufacturing cash flow before pension contributions was $116 million compared to $144 million during last years third quarter.

Revenues were down in the quarter, primarily driven by... More