Textron (TXT) Misses Q3 EPS by 15c, Revenues Miss; FY18 EPS Guidance Range Narrowed

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Go back to Textron (TXT) Misses Q3 EPS by 15c, Revenues Miss; FY18 EPS Guidance Range Narrowed

Textron Reports Third Quarter 2018 Results; Narrows Full-Year EPS and Cash Guidance

October 18, 2018 6:30 AM EDT

$468 million returned to shareholders through share repurchases Completed sale of Tools & Test product line Full-year adjusted EPS guidance narrowed to $3.20 - $3.30 per share Full-year cash flow guidance reaffirmed at $750 - $850 million

PROVIDENCE, R.I.--(BUSINESS WIRE)-- Textron Inc. (NYSE: TXT) today reported third quarter 2018 income from continuing operations of $2.26 per share, reflecting the gain on the sale of the Tools & Test product line of $1.65 per share, or $0.61 per share of adjusted... More