Why Is Textron (TXT) Down 7.4% Since Last Earnings Report?
It has been about a month since the last earnings report for Textron (TXT) . Shares have lost about 7.4% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Textron due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Textron Posts Better-Than-Expected Q4 Earnings, Misses ...