Textron (TXT) Q4 Earnings Surpass Estimates

Textron (TXT) came out with quarterly earnings of $1.60 per share, beating the Zacks Consensus Estimate of$ 1.53 per share. This compares to earnings of $1.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.58%. A quarter ago, it was expected that this maker of Cessna small planes and Bell helicopters would post earnings of$ 1.27 per share when it actually produced earnings of $1.49, delivering a surprise of 17.32%.Over the ...