Earnings Forecast Research on Textron Inc. (TXT)

Textron Inc. has received $0.56 as the consensus Earnings Estimate for the Quarter ending on Mar 2017 ,According to the estimate provided by 6 Financial Advisor in the Stock Trading Firms. Among 6 Analysts, Bottom line EPS Estimate for the current quarter is $0.48 while the top line estimate is $0.61 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 0.91%.

Textron Inc. results fell short with a surprise EPS of -8.05% or $-0.07. The Actual EPS was $0.8 compared to the Estimated EPS of $0.87 during its most recent quarterly earnings. Providence based Textron Inc. Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Apr 19, 2017.

Textron Inc. has a Price to Earnings ratio of 18.11 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 2.3. For the Most Recent Fiscal Year, Textron Inc. has a price to cash ratio of 11.02. For the Trailing twelve month period, company showed a Net Profit Margin of 6.98% and Return on Equity of the stock is 13.36%.

In the last quarter, Textron Inc. reported Annual Earnings of $0.8. Based on the filings, last years Annual Earnings was, $2.62. In the last Quarter, TXT reported a surprise Earnings per Share of -8.05% . The consensus estimate for current quarter is $0.56 and for the current fiscal year, the estimate is $2.63. For the Next fiscal year, the estimate is $2.98 based on the consensus.

Textron Inc. (NYSE:TXT) stock ended Tuesday session in the red zone in a volatile trading. The stock closed down 0.08 points or 0.17% at $47.37 with 1,754,750 shares getting traded. Post opening the session at $47.27, the shares hit an intraday low of $46.63 and an intraday high of $47.45 and the price was in this range throughout the day. The company has a market cap of $12,800 million and the number of outstanding shares has been calculated to be 270,208,110 shares. The 52-week high of Textron Inc. (NYSE:TXT) is $50.93 and the 52-week low is $30.685.

Textron, Inc. is a global multi-industry company with operations in five business segments – Aircraft, Fastening Systems, Industrial Components, Industrial Products and Finance. The companys products include commercial and military helicopters, light and mid-size business jets, plastic fuel tanks, automotive trim products, golf cars and utility vehicles, turf-care equipment, industrial pumps and gears, engineered fastening systems and solutions, and other industrial products. It also is a commercial finance company for select markets.


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