Textron Reports Second Quarter 2022 Results
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Textron (TXT) PT Lowered to $90 at Vertical Research Partners, Keeps 'Buy' Following Results
July 28, 2022 12:25 PM EDTVertical Research Partners analyst Robert Stallard lowered the price target on Textron (NYSE: TXT) to $90.00 (from $91.00) while maintaining a Buy rating following results.
The firm's 2022 adjusted EPS estimate goes from $3.94 to $3.89, with 2023 moving from $4.35 to $4.32.
The analyst commented, "Similar to... More
Textron (TXT) Tops Q2 EPS by 12c; Reaffirms
July 28, 2022 6:31 AM EDTTextron (NYSE: TXT) reported Q2 EPS of $1.00, $0.12 better than the analyst estimate of $0.88. Revenue for the quarter came in at $3.15 billion versus the consensus estimate of $3.22 billion.
GUIDANCE:
Textron reaffirms FY2022 EPS of $3.80-$4.00.
For earnings history and earnings-related data on Textron (TXT) click here.
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