Textron Reports Fourth Quarter 2015 Income from Continuing Operations of $0.81 per Share; Announces 2016 Financial Outlook
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RBC Capital Reiterates Outperform as Textron (TXT) Management Notes Decent Customer Demand
January 28, 2016 8:02 AM ESTRBC Capital maintained an Outperform rating on Textron (NYSE: TXT), and cut the price target to $47.00 (from $52.00), following the company's 4Q earnings report. Textron reported EPS of $0.81, in line with consensus. Commenting on Aviation, management noted that there has been decent customer demand... More
Textron (TXT) Misses Q4 EPS by 2c; Guides FY16 EPS Below Views
January 27, 2016 6:31 AM ESTTextron (NYSE: TXT) reported Q4 EPS of $0.81, $0.02 worse than the analyst estimate of $0.83. Revenue for the quarter came in at $3.92 billion versus the consensus estimate of $4.23 billion.
GUIDANCE:
Textron sees FY2016 EPS of $2.60-$2.80, versus the consensus of $2.88.
For earnings history and earnings-related data on Textron (TXT) click here.
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