Investing.com - Textron reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Textron announced earnings per share of $1.06 on revenue of $3.08. Analysts polled by Investing.com EPS of $0.93 on revenue of $3.23B.
Textron 's are down 4% and is trading at $65.90 , still down 17.05% from its 52 week high of $79.45 set on Friday, January 7, 2022.
Textron follows other major Industrials sector earnings this month
Textron's report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of $2.99 on revenue of $24.2B, EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on Tuesday with third quarter EPS of $1.21 on revenue of $17B, for EPS of $1.14 on revenue of $17.31B.
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