- 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