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Dec 31, 2019
Textron Q4 2019 Earnings Report
Reported fourth quarter 2019 results with adjusted net income of $1.11 per share.
Key Takeaways
Textron reported a strong fourth quarter with Textron Aviation experiencing double-digit revenue growth and Bell seeing growth from strong commercial volume. The company forecasts increased revenues for 2020.
Textron Aviation saw an 11% increase in revenues, driven by initial deliveries of the Citation Longitude.
Bell's revenues increased by 16% due to higher commercial volume.
Textron Systems' revenues were up 16% due to higher volume.
Textron is forecasting 2020 revenues of approximately $14 billion.
Textron
Textron
Textron Revenue by Segment
Revenue by Segment
Textron Aviation Revenue
CapyFin.comBell Revenue
CapyFin.comTextron Systems Revenue
CapyFin.comIndustrial Revenue
CapyFin.comFinance Revenue
CapyFin.com Forward Guidance
Textron is forecasting 2020 revenues of approximately $14 billion, up from $13.6 billion. Textron expects full-year 2020 earnings per share will be in the range of $3.50 to $3.70.