Benzinga | Apr 29, 2021 06:35AM EDT

Textron Q1 EPS $0.70 Beats $0.47 Estimate, Sales $2.88B Beat $2.73B Estimate; Raises Guidance

Textron (NYSE:TXT) reported quarterly earnings of $0.70 per share which beat the analyst consensus estimate of $0.47 by 48.94 percent. This is a 100 percent increase over earnings of $0.35 per share from the same period last year. The company reported quarterly sales of $2.88 billion which beat the analyst consensus estimate of $2.73 billion by 5.46 percent. This is a 3.67 percent increase over sales of $2.78 billion the same period last year.