Textron (TXT) Tops Q1 EPS by 8c, Revenues Miss; Confirms FY19 EPS Guidance

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Go back to Textron (TXT) Tops Q1 EPS by 8c, Revenues Miss; Confirms FY19 EPS Guidance

Textron Reports First Quarter 2019 Results

April 17, 2019 6:30 AM EDT

EPS of $0.76, up 5.6% year over year Segment profit of $294 million, up 5.4% from prior year Operating margin of 9.5%, up from 8.5% a year ago $202 million returned to shareholders through share repurchases

PROVIDENCE, R.I.--(BUSINESS WIRE)-- Textron Inc. (NYSE: TXT) today reported first quarter 2019 net income of $0.76 per share, compared to $0.72 per share in the first quarter of 2018.

Our results in the quarter were driven by growth and performance at Aviation and continued strong execution at Bell, which... More