Textron (NYSE:TXT) reported its Q1 earnings results on Thursday, April 28, 2022 at 06:30 AM.
Here's what investors need to know about the announcement.
Earnings
Textron beat estimated earnings by 31.34%, reporting an EPS of $0.88 versus an estimate of $0.67.
Revenue was up $122.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.06 which was followed by a 0.03% increase in the share price the next day.
Here's a look at Textron's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.88 | 0.66 | 0.65 | 0.47 |
| EPS Actual | 0.94 | 0.85 | 0.81 | 0.70 |
| Revenue Estimate | 3.03B | 2.68B | 2.92B | 2.73B |
| Revenue Actual | 3.32B | 2.99B | 3.19B | 2.88B |
To track all earnings releases for Textron visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
