Textron Reports First Quarter 2021 Results

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Textron (TXT) PT Raised to $72 at Vertical Research Partners Following Earnings

April 29, 2021 12:53 PM EDT

Vertical Research Partners analyst Robert Stallard raised the price target on Textron (NYSE: TXT) to $72.00 (from $66.00) while maintaining a Buy rating.

increased our 2021 adjusted EPS estimate from $2.79 to $2.89, while 2022 goes from $3.41 to $3.47... More

Textron (TXT) Tops Q1 EPS by 23c, Revenues Beat; Offers FY21 EPS Mid-Point Guidance Above Consensus

April 29, 2021 6:36 AM EDT

Textron (NYSE: TXT) reported Q1 EPS of $0.70, $0.23 better than the analyst estimate of $0.47. Revenue for the quarter came in at $2.88 billion versus the consensus estimate of $2.73 billion.

EPS of $0.75; adjusted EPS of $0.70Operating margin of 8.9%, up from 5.6% a year agoRevenue up $102 million, or 3.7% from... More