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

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

Textron Reports Fourth Quarter 2019 Results; Announces 2020 Financial Outlook

January 29, 2020 6:30 AM EST

Revenue growth of $285 million, up 7.6% from prior year The new Citation Longitude enters service with 13 aircraft deliveries in the quarter EPS of $0.87; adjusted EPS of $1.11, excluding fourth quarter special charges 2020 full-year EPS outlook of $3.50 - $3.70

PROVIDENCE, R.I.--(BUSINESS WIRE)-- Textron Inc. (NYSE: TXT) today reported fourth quarter 2019 net income of $0.87 per share. Adjusted net income, a non-GAAP measure that is defined and reconciled to GAAP in an attachment to this release, was $1.11 per share for the fourth quarter of 2019, compared to $1.15 per... More