Textron (TXT) Tops Q2 EPS by 21c, Revenues Beat

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Go back to Textron (TXT) Tops Q2 EPS by 21c, Revenues Beat

Textron Reports Second Quarter 2020 Results

July 30, 2020 6:30 AM EDT

Cash flow from operations of $245 million Bell revenue up 7% from prior year, operating margin of 14.4% Textron Systems revenue up 6% from prior year, operating margin of 11.3% Restarted manufacturing operations at Aviation and Industrial segments

PROVIDENCE, R.I.--(BUSINESS WIRE)-- Textron Inc. (NYSE: TXT) today reported second quarter 2020 net loss of $0.40 per share, compared to income of $0.93 per share in the second quarter of 2019. Adjusted net income, a non-GAAP measure, was $0.13 per share for the second quarter of 2020. Adjusted net income excludes $78 million of... More