Textron (TXT) Q3 Earnings and Revenues Lag Estimates

Textron (TXT) came out with quarterly earnings of $1.40 per share, missing the Zacks Consensus Estimate of$ 1.46 per share. This compares to earnings of $1.49 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -4.11%. A quarter ago, it was expected that this maker of Cessna small planes and Bell helicopters would post earnings of$ 1.49 per share when it actually produced earnings of $1.54, delivering a surprise of 3.36%.Over the ...