Textron Reports Fourth Quarter 2019 Results; Announces 2020 Financial Outlook

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Go back to Textron Reports Fourth Quarter 2019 Results; Announces 2020 Financial Outlook

Textron (TXT) Tops Q4 EPS by 2c, Revenues Beat; Raises FY20 Revenue Outlook Above Consensus, FY20 EPS Guidance Below Consensus

January 29, 2020 6:32 AM EST

Textron (NYSE: TXT) reported Q4 EPS of $1.11, $0.02 better than the analyst estimate of $1.09. Revenue for the quarter came in at $4.02 billion versus the consensus estimate of $3.95 billion.

Revenue growth of $285 million, up 7.6% from prior yearThe new Citation Longitude enters service with 13 aircraft deliveries in the... More