Textron: Q2 Earnings Snapshot

Textron: Q2 Earnings Snapshot

Summary :

On a per-share basis, the Providence, Rhode Island-based company said it had net income of $1.

The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 88 cents per share. The maker of Cessna small planes and Bell helicopters posted revenue of $3.15 billion in the period, which missed Street forecasts.

Textron expects full-year earnings to be $3.80 to $4 per share.