Textron Beats on EPS, Misses on Revenue

The industrial company reported mixed fourth-quarter results.Textron (TXT -4.48%), a multifaceted industrial company known for its aviation and defense businesses, released its fourth-quarter 2024 earnings results on Jan. 22. The company posted adjusted earnings per share (EPS) of $1.34, surpassing the consensus expectation of$1.28 by 4.7%. Revenue reached $3.613 billion, slightly missing the expected$3.748 billion. Despite certain segmental headwinds, Textron ended the quarter on a positive note.MetricQ4 ...