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Barchart
Kritika Sarmah

FOUND: Textron earnings preview what to expect - What They Never Told You

Textron TXT

Rhode Island-based Textron Inc. (TXT), with a market cap of $16.3 billion, is a global conglomerate that manufactures aircraft manufacturing, automotive components, and industrial tools. The company is expected to announce its fiscal Q2 earnings results on Thursday, July 18.

Ahead of the event, analysts expect TXT to report a profit of $1.51 per share, up 3.4% from $1.46 per share in the year-ago quarter. The company has surpassed Wall Street's bottom-line estimates in three of the past four quarters while missing on one other occasion. 

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