Textron Reports First Quarter 2016 Income from Continuing Operations of $0.55 per Share, up 19.6%; Reaffirms 2016 Financial Outlook

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Go back to Textron Reports First Quarter 2016 Income from Continuing Operations of $0.55 per Share, up 19.6%; Reaffirms 2016 Financial Outlook

Textron (TXT) Tops Q1 EPS by 2c; Reaffirms

April 20, 2016 6:33 AM EDT

Textron (NYSE: TXT) reported Q1 EPS of $0.55, $0.02 better than the analyst estimate of $0.53. Revenue for the quarter came in at $3.2 billion versus the consensus estimate of $3.15 billion.

Increased revenues reflected growth at Industrial, Aviation and Systems, with relatively flat revenues at Bell, consistent with... More