More on Textron Q4: Net profit +13%; shares sink

Textron (TXT -3.5%) net profit rises to $167M from $148M a year earlier.

Cessna revenue +2.4%, delivered 62 new Citation jets vs 53 a year ago. Profit +43% to $33M.

Bell revenue +20%, profit +0.6% to $178M.

Textron Systems revenue -28%, due to lower volumes, industrial revenue +9.5%.

Expects 2014 EPS from continuing operations of $2.00-2.20 vs consensus of $2.23, and revenue growth of 9% to $13.2B vs $13.11B. (PR)


From other sites
Comments (1)
  • Momintn
    , contributor
    Comments (6073) | Send Message
    Textron is up over 6%.
    22 Jan 2014, 11:05 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs