Textron (TXT) Tops Q4 EPS by 15c, Offers FY Guidance
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Textron Reports Fourth Quarter 2020 Results; Announces 2021 Financial Outlook
January 27, 2021 6:30 AM ESTEPS of $1.03; adjusted EPS of $1.06 Fourth quarter manufacturing segment profit margin of 8.8% Full year net cash from operating activities of $833 million
PROVIDENCE, R.I.--(BUSINESS WIRE)-- Textron Inc. (NYSE: TXT) today reported fourth quarter 2020 net income of $1.03 per share. Adjusted net income, a non-GAAP measure that is defined and reconciled to GAAP in an attachment to this release, was $1.06 per share for the fourth quarter of 2020, compared to $1.11 per share in the fourth quarter of 2019. Adjusted net income for 2020 excludes $23 million of pre-tax... More
