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Textron (NYSE:TXT – Get Free Report) released its quarterly earnings results on Thursday. The aerospace company reported $1.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.28 by ($0.08), Briefing.com reports. The firm had revenue of $3.14 billion during the quarter, compared to analysts’ expectations of $3.29 billion. Textron had a […]
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Textron is expanding its restructuring plan to include about 1,500 job cuts, it said on Thursday, after U.S. Army program cancellations and lower demand for some other products hit its business. ...