JPMorgan Starts Textron (TXT) at Overweight

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Textron, Inc. (TXT) Misses Q3 EPS by 4c; Boosts FY12 EPS Outlook

October 17, 2012 6:31 AM EDT

Textron, Inc. (NYSE: TXT) reported Q3 EPS of $0.48, $0.04 worse than the analyst estimate of $0.52. Revenue for the quarter came in at $3 million versus the consensus estimate of $3.06 million.

Textron, Inc. sees FY2012 EPS of $1.95-2.05, versus prior guidance of $1.80-2.00 and the consensus of $2.11.... More