-=Textron (TXT) reported earnings on Thur 24 Jan 2019 (b/o)

Textron beats by $0.17, misses on revs; guides FY19 EPS above consensus, revs below consensus

• Reports Q4 (Dec) earnings of $1.15 per share, $0.17 better than the S&P Capital IQ Consensus of $0.98; revenues fell 6.6% year/year to $3.75 bln vs the $3.99 bln S&P Capital IQ Consensus.
• Co issues mixed guidance for FY19, sees EPS of $3.55-3.75 vs. $3.50 S&P Capital IQ Consensus; sees FY19 revs of flat YoY to ~$14 bln vs. $14.62 bln S&P Capital IQ Consensus.
  • The company is estimating net cash provided by operating activities of continuing operations of the manufacturing group will be between $1,020 million and $1,120 million and manufacturing cash flow before pension contributions will be between $700 million and $800 million, with planned pension contributions of about $50 million.

Earnings this week : Jan 21 - 25, 19 (wk 4)

Earnings confirmed to report this week:

Monday (Jan 21)    

• Market closed for Martin Luther King Jr. Day

Tuesday (Jan 22)

• Morning: ATI FITB GATX HAL HMST JNJ LOGI EDU PETS PLD SWK TRV
• Afternoon: AMTD CNMD COF FMBI HOPE IBKR IBM LRN LTXB NAVI RNST SFNC TBK UCBI WTFC ZION

Wednesday (Jan 23)

• Morning:  ABT APH ASML BKU BPOP CBU CMCSA HZO KMB NTRS PG PGR RES ROL SYF TDY TEL UTX WAT
• Afternoon:  ADTN AZPN BGG BXS CATY CCI CMRE CNS CP CTXS CVBF F FFBC FFIV HXL LRCX  LVS NXGN PTC RJF SLG SLM STL TCBI TER TRMK TXN UMPQ URI VAR XLNX

Thursday (Jan 24)

• Morning:  AAL AEP AIT AVX BANC BMY COLB DLX EWBC FCX GWW HBAN ISCA JBLU LUV MKC MMYT ORI RCI STM TAL TXT UNP VIVO WBS
• Afternoon: ALK ASB AVT CUBI DFS  ETFC FHB FII HTH INTC ISRG NBHC NSC OSIS RMD SBCF SBUX SIVB WAL WDC

Friday (Jan 25)

• Morning: ABBV ABCB APD CL DHI ERIC HRC IBKC LEA MOG.A NEE

=Textron (TXT) reported earnings on Thur 18 Oct 2018 (b/o)

Textron misses by $0.15, misses on revs; guides FY18 EPS in-line 

• Reports Q3 (Sep) earnings of $0.61 per share, excluding non-recurring items, $0.15 worse than the S&P Capital IQ Consensus of $0.76; revenues fell 8.2% year/year to $3.2 bln vs the $3.52 bln S&P Capital IQ Consensus.
• Co issues narrows guidance for FY18, sees EPS of $3.20-3.30 from $3.15-3.35, excluding non-recurring items, vs. $3.34 S&P Capital IQ Consensus. The company reaffirms full-year manufacturing cash flow before pension contributions (a non-GAAP measure) to be in a range of $750 to $850 million.

Earnings this week : October 15 - 19, 2018 (wk 42)

Earnings confirmed to report this week

Monday (Oct 15)

• Morning: BAC  
• Afternoon: JBHT

Tuesday (Oct 16)

• Morning: BLK  CMA FHN DPZ GS  GWW JNJ MS OMC PGR PLD  UNH
• Afternoon:  ADTN CREE CSX FULT HCSG HOPE HWC IBKR IBM  LRCX LTXB MRTN NFLX  PNFP SONC TACO  UAL UFPI

Wednesday (Oct 17)

• Morning: ABT ASML BMI MTB MTG NTRS SVU UNF USB WGO
• Afternoon:  AA BDN BXS CATY CCI CCK CNS EGBN KALU KMI SLG STLD TBK TCBI UMPQ URI WTFC

Thursday (Oct 18)

• Morning:  ADS BBT BK BX DHR DOV ERIC EWBC GPC GTLS HOMB IIIN KEY LNN MDSO NUE NVR NVS PM POOL PPG SAP SASR SBNY SNA SON TRV TSM TTS TXT WBC WBS
• Afternoon: AXP CP CE ETFC EXPO ISRG PYPL SKX WDFC WERN 

Friday (Oct 18)

• Morning: CLF HON IPG KSU MAN MINI PG RCI VFC

Thur Oct 18 a/h

=Textron (TXT) reported earnings on Wed 18 Apr 2018 (b/o)

Textron beats by $0.24, beats on revs; reaffirms FY18 EPS guidance 

• Reports Q1 (Mar) earnings of $0.72 per share, $0.24 better than the Capital IQ Consensus of $0.48; revenues rose 6.6% year/year to $3.3 bln vs the $3.06 bln Capital IQ Consensus.
• Co reaffirms guidancefor FY18, sees EPS of $2.95-3.15 vs. $3.07 Capital IQ Consensus Estimate.
  • Co also confirms expectation for cash flow from continuing operations of the manufacturing group before pension contributions of $700-800 million
• Share Repurchase Plan
  • Textron's Board of Directors has also authorized the repurchase of up to 40 million shares of the company's common stock which is sufficient for repurchases related to the Tools & Test divestiture as well as to continue the company's practice of repurchasing shares to offset the impact of dilution from stock-based compensation and benefit plans, and for opportunistic capital management purposes. The new authorization replaces a previous one, approved in January 2017, which was nearing completion.