Textron (TXT) Misses Q4 EPS by 3c, FY Revenue Guidance Comes in Light

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/22/2026

1. META
2. TSLA
3. IBM
4. TXN
5. SAP
6. CSX
7. LRCX
8. LVS
9. SPY
10. KNX

Go back to Textron (TXT) Misses Q4 EPS by 3c, FY Revenue Guidance Comes in Light

Textron Reports Fourth Quarter 2017 Results; Announces 2018 Financial Outlook

January 31, 2018 6:30 AM EST

PROVIDENCE, R.I.--(BUSINESS WIRE)-- Textron Inc. (NYSE: TXT) today announced financial results for the fourth quarter and full year of 2017, and provided guidance for its 2018 financial outlook.

Net earnings for the quarter were reduced by a provisional tax charge of $1.00 per share resulting from the enactment of the Tax Cuts and Jobs Act (the Tax Act), and $0.14 per share of restructuring charges. With these items that were disclosed in an 8-K filing earlier this month, the company reported a loss from continuing operations of $0.40 per share in the quarter, compared to income from... More