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More on Textron's Q1

Apr. 19, 2017 7:36 AM ETTextron Inc. (TXT) StockTXTBy: Yoel Minkoff, SA News Editor
  • Adjusted income from continuing operations of $125M, or $0.46 per share.
  • Sales by segment: Textron Aviation -11%; Bell -14%; Textron Systems +28%; Industrial +4%.
  • "We are continuing to execute our restructuring plan while maintaining our focus on new product investment and the integration of acquired businesses," said CEO Scott Donnelly.
  • As a result of the closing of the Arctic Cat acquisition, the company is adjusting its guidance. Outlook for 2017: Diluted EPS of $2.40 to $2.60 (vs. $2.50-$2.70).
  • TXT +3% premarket
  • Q1 results

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