Textron (TXT) Tops Q4 EPS by 17c, Revenues Miss; Offers FY19 EPS Guidance Above Consensus, FY19 Revenue Outlook Below Consensus

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Textron Reports Fourth Quarter 2018 Results; Announces 2019 Financial Outlook

January 24, 2019 6:30 AM EST

EPS from continuing operations of $1.02; adjusted EPS of $1.15 Segment profit of $397 million up 10.3% from prior year Operating margin of 10.6%, up from 9.0% a year ago $400 million returned to shareholders through share repurchases 2019 full-year EPS outlook of $3.55 - $3.75

PROVIDENCE, R.I.--(BUSINESS WIRE)-- Textron Inc. (NYSE: TXT) today reported fourth quarter 2018 income from continuing operations of $1.02 per share. Adjusted income from continuing operations, a non-GAAP measure that is defined and reconciled... More