Textron (TXT) Q4 Earnings Lag Estimates

Textron (TXT) came out with quarterly earnings of $1.73 per share, missing the Zacks Consensus Estimate of$ 1.74 per share. This compares to earnings of $1.34 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -0.80%. A quarter ago, it was expected that this maker of Cessna small planes and Bell helicopters would post earnings of$ 1.47 per share when it actually produced earnings of $1.55, delivering a surprise of +5.44%.Over the ...