Shares of Textron TXT were flat in pre-market trading after the company reported Q2 results.
Earnings per share decreased 86.02% year over year to $0.13, which beat the estimate of ($0.08).
Revenue of $2,472,000,000 decreased by 23.40% year over year, which beat the estimate of $2,350,000,000.
Textron hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Conference Call Details
Date: Jul 30, 2020
Time: 08:00 AM
ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestor.textron.com%2Finvestors%2Fevents-and-presentations%2Fdefault.aspx&eventid=2386583&sessionid=1&key=A18121D7901018EC7B2335355036AB2C®Tag=&sourcepage=register
Company's 52-week high was at $52.87
Company's 52-week low was at $20.26
Price action over last quarter: Up 30.70%
Textron Inc is engaged in diversified business. The company's operating segment include Textron Aviation, Bell, Textron Systems, Industrial and Finance. It generates maximum revenue from the Textron Aviation segment. Textron Aviation segment manufactures, sells and services Beechcraft and Cessna aircraft, and services the Hawker brand of business jets. It also has two principal product lines: aircraft and aftermarket parts and services. Aircraft includes sales of business jets, turboprop aircraft, piston engine aircraft, and military trainer and defense aircraft and Aftermarket parts and services include commercial parts sales, and maintenance, inspection, and repair services. Geographically, it derives a majority of revenue from the United States.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Ad Disclosure: The rate information is obtained by Bankrate from the listed institutions. Bankrate cannot guaranty the accuracy or availability of any rates shown above. Institutions may have different rates on their own websites than those posted on Bankrate.com. The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where, and in what order products appear. This table does not include all companies or all available products.
All rates are subject to change without notice and may vary depending on location. These quotes are from banks, thrifts, and credit unions, some of whom have paid for a link to their own Web site where you can find additional information. Those with a paid link are our Advertisers. Those without a paid link are listings we obtain to improve the consumer shopping experience and are not Advertisers. To receive the Bankrate.com rate from an Advertiser, please identify yourself as a Bankrate customer. Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration.
Consumer Satisfaction: Bankrate attempts to verify the accuracy and availability of its Advertisers' terms through its quality assurance process and requires Advertisers to agree to our Terms and Conditions and to adhere to our Quality Control Program. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the institution you choose, please click here.
Rate collection and criteria: Click here for more information on rate collection and criteria.