Reports Q1 revenue $3.3B, consensus $3.26B. “In the quarter, we saw strong growth in both military and commercial product lines at Bell,” said CEO Scott Donnelly. “At Aviation, operations continued to improve as the factory progressed toward pre-strike performance levels while ramping production. At Textron (TXT) Specialized Vehicles, we completed the sale of the Powersports business, including the Arctic Cat brand and its operations.”
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TXT:
- Notable companies reporting before tomorrow’s open
- Materion’s SupremEX composite selected for U.S. Army Tiltrotor prototypes
- Textron price target lowered to $71 from $82 at Morgan Stanley
- Textron price target lowered to $107 from $111 at Citi
- GE Aerospace awarded subcontract for U.S. Army’s FLRAA program
