Textron Reports First Quarter 2017 Results; Updates 2017 Financial Outlook for Arctic Cat Acquisition

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Textron (TXT) Reports In-Line Q1 EPS; Guides In-Line

April 19, 2017 6:32 AM EDT

Textron (NYSE: TXT) reported Q1 EPS of $0.46, in-line with the analyst estimate of $0.46. Revenue for the quarter came in at $3.1 billion versus the consensus estimate of $3.17 billion.

"Overall, revenues and profit were down in the quarter consistent with our expectations, said Textron... More