Textron Inc TXT:NYSE

Last Price$63.09NYSE Previous Close - Last Trade as of 7:00PM ET 5/16/22

Today's Change-0.27(0.43%)
Bid (Size)$60.01 (1)
Ask (Size)$64.51 (1)
Day Low / High$62.55 - 63.90
Volume1.1 M

Textron Posts Higher Q3 Adjusted Earnings, Revenue; Raises 2021 Adjusted EPS Outlook

7:17AM ET 10/28/2021 MT Newswires
Textron (TXT) posted Q3 adjusted earnings Thursday of $0.85 per share, up from $0.53 per share a year earlier. Analysts surveyed by Capital IQ projected adjusted EPS of $0.78.

Revenue was $2.99 billion for the quarter ended Oct. 2, compared with $2.74 billion a year ago. The consensus estimate of analysts polled by Capital IQ was $3.16 billion.

The company said it now expects 2021 adjusted EPS to be between $3.20 and $3.30, compared with its prior outlook of between $3 and $3.20. Analysts surveyed by Capital IQ project adjusted EPS of $3.31.

Shares of the company rose more than 2% ahead of Thursday's market open.

Price: 72.36, Change: +1.62, Percent Change: +2.29