|Bid||53.70 x 500|
|Ask||54.14 x 700|
|Day's range||52.80 - 54.03|
|52-week range||38.79 - 55.80|
|PE ratio (TTM)||16.43|
|Forward Dividend & Yield||0.08 (0.15%)|
|1y target est||N/A|
As expected, Textron reported mixed earnings for Q3 2017. While earnings came in higher than expected, revenues fell short of estimates marginally. That said, revenues came in 7% higher than the year ago figure on better performances at the Bell, Industrial, and Textron Systems segments.
The industrial conglomerate reduced its full-year earnings outlook but raised its cash flow guidance. Here's what investors need to know.
Stocks that moved substantially or traded heavily Thursday: United Continental Holdings Inc., down $8.21 to $59.78 The parent of United Airlines said that weak prices will continue the rest of this year ...
Textron's (TXT) total revenues in the quarter was $3.48 billion, which missed the Zacks Consensus Estimate of $3.54 billion by 1.5%
Textron (TXT) has lowered the upper limit of its adjusted earnings guidance range for 2017. Following the earnings release, its share price made no significant change in the pre-market trading session.
On a per-share basis, the Providence, Rhode Island-based company said it had net income of 60 cents. Earnings, adjusted for restructuring costs, were 65 cents per share. The results surpassed Wall Street ...
Bell segment has been consistently delivering poor performance over the past few quarters. Yet, Textron's (TXT) revenues are expected to grow 8.8%.
Textron (TXT) follows a systematic inorganic growth strategy to expand its operations. Yet we remain on the sidelines considering the weak performance delivered by its aviation business.
While that potentially could benefit the entire industry, the plane maker that offers the most promise to investors appears to be General Dynamics, whose Gulfstream models are among the most popular corporate jets. In August, U.S. takeoffs and landings by business jets increased 5.7% year over year, the biggest rise since September 2014, according to the Federal Aviation Administration. “The strong August could set up the next couple of months for solid growth, and we now see 2017 utilization up close to 3.5%,” analyst Myles Walton of Deutsche Bank Markets Research wrote recently.
Key Pentagon positions remain unfilled in the Trump administration, and the situation is causing outright frustration for defense contractors.
The fight against ISIS has become a learning opportunity for the U.S. military as it looks to a future of a new kind of opponent.
The decision on who will build the Air Force's next-generation jet trainer is expected later this year but pressure may have eased on Boeing to win.