Textron (TXT) Tops Q2 EPS by 10c, Beats on Revenue; Offers Guidance
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Revenue Growth %: +2.7%
Financial Fact:
Discontinued operations: 0.45
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Textron (NYSE: TXT) reported Q2 EPS of $1.55, $0.10 better than the analyst estimate of $1.45. Revenue for the quarter came in at $3.7 billion versus the consensus estimate of $3.64 billion.
GUIDANCE:
Textron sees FY2025 EPS of $6.00-$6.20, versus the consensus of $6.14.
Textron says manufacturing cash flow before pension contributions, a non-GAAP measure, is now expected to be in the range of $900 million to $1.0 billion, up $100 million from the previous outlook. This updated outlook incorporates the expected impact associated with recently enacted U.S. tax legislation.
For earnings history and earnings-related data on Textron (TXT) click here.
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