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0.000409249028033477 0.000204624514016738 0.000411295273173713 -0.00245549416820144 0.000204624514016738 0.00102312257008384 0.000204624514016738 0.00102312257008384
Stock impact report

Textron Loses Altitude as Revenue Declines [The Motley Fool]

Textron Inc. (TXT) 
Last textron inc. earnings: 4/30 06:30 am Check Earnings Report
Company Research Source: The Motley Fool
Textron Loses Altitude as Revenue Declines An underwhelming top line overshadowed the industrial conglomerate's continued earnings growth. Textron ( NYSE:TXT ) announced mixed second-quarter 2019 results on Wednesday morning, highlighting significant operational improvements that helped offset the impact of broad-based revenue declines from each of its business segments. But while the aerospace and defense conglomerate followed by modestly raising its full-year earnings guidance, shares are down nearly 7% in today's early trading as investors absorb the news. Let's have a deeper look at what's driving Textron as it enters the second half. Data source: Textron quarterly filings. GAAP = generally accepted accounting principles. "Operationally, we continued to have solid margin performance across our businesses with improvements in the quarter at Aviation and Industrial, and we remain on track for growth in the second half of the year," stated Textron Chairman and CEO Scott Donnelly. G Show less Read more
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