Textron Reports Third Quarter 2016 Results; Narrows Full-Year EPS Guidance Range
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/21/2026
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Oil price dips to $100 on hopes of US-Iran diplomacy, partial recovery in Saudi exports
- Paramount, Warner Bros jump on report of settlement progress in merger fight
- Investors may be underpricing how far rate hikes could go, Deutsche says
- Far-left party wins Berlin election, pledging to nationalise housing
- Cybercrime feud erupts on dark web as notorious group claims hijack of rival's website
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- Oil price dips to $100 on hopes of US-Iran diplomacy, partial recovery in Saudi exports
Textron (TXT) Misses Q3 EPS by 6c
October 20, 2016 6:42 AM EDTTextron (NYSE: TXT) reported Q3 EPS of $0.61, $0.06 worse than the analyst estimate of $0.67. Revenue for the quarter came in at $3.3 billion versus the consensus estimate of $3.4 billion.
GUIDANCE:
Textron sees FY2016 EPS of $2.65-$2.75, versus the consensus of $2.73.
For earnings history and earnings-related data on Textron (TXT) click here.
... More