Textron (TXT) Tops Q2 EPS by 18c, Raises FY Guidance

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Textron Reports Second Quarter 2018 Income from Continuing Operations of $0.87 per Share; Raises Full-Year EPS and Cash Guidance

July 18, 2018 6:30 AM EDT

Income from continuing operations of $0.87 per share Segment profit $346 million Operating margin of 9.3%, up from 8.2% a year ago $571 million returned to shareholders through share repurchases Full-year EPS guidance increased to $3.15 - $3.35 per share, up $0.20 Full-year cash flow guidance increased to $750 - $850 million, up $50 million

PROVIDENCE, R.I.--(BUSINESS WIRE)-- Textron Inc. (NYSE: TXT) today reported second quarter 2018 income from continuing operations of... More