— Textron Inc (NYSE: TXT) reported fourth-quarter 2019 adjusted earnings of $1.11 per share, vs. $1.09 per share expected.
— Net profit, on an unadjusted basis, dropped to $199 million or $0.87 per share from $246 million or $1.02 per share in the fourth quarter of 2018
— Revenues grew 7.6% annually to $4.04 billion, vs. $3.95 billion expected
— During the quarter, new Citation Longitude entered service with 13 aircraft deliveries
— Expects full-year 2020 earnings to be in the range of $3.50 per share to $3.70 per share
— Looking for full-year revenues of $14 billion, up from $13.6 billion in the prior year
— Expects net cash provided by operating activities of continuing operations to be between $1.01 billion and $1.11 billion, for the manufacturing group
Most Popular
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q2 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported its second quarter 2024 earnings results today. Net sales increased 4.9% year-over-year to $5 billion. Organic sales increased 9%. Net income attributable to Colgate-Palmolive Company was $731
Key takeaways from Visa’s Q3 2024 earnings report
Credit card behemoth Visa, Inc. (NYSE: V) this week reported mixed results for the June quarter, with earnings matching expectations and sales slightly missing the view. Both numbers grew in
Southwest Airlines (LUV): A look at the airline’s performance in Q2 2024
Shares of Southwest Airlines Co. (NYSE: LUV) were up over 6% on Thursday after the company beat earnings estimates for the second quarter of 2024. The stock has gained 4%
