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Barchart
Barchart
Kritika Sarmah

Here's What to Expect From Textron's Next Earnings Report

TXT Bell

Providence, Rhode Island-based Textron Inc. (TXT) operates in the aircraft, defense, industrial, and finance businesses worldwide. With a market cap of $14.8 billion, the company operates in six segments: Textron Aviation, Bell, Textron Systems, Industrial, Textron eAviation, and Finance.

The company is set to unveil its second-quarter results on Thursday, July 24, before the market opens. Ahead of the event, analysts expect TXT to report non-GAAP earnings of $1.44 per share, down 6.5% from the profit of $1.54 per share reported in the year-ago quarter. Additionally, the company has surpassed the Street’s bottom-line projections in three of the past four quarters, while missing on one occasion.

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