Textron (TXT) Q4 Earnings Beat Estimates, Revenues Rise Y/Y

Textron Inc. (TXT) reported fourth-quarter 2023 adjusted earnings of $1.60 per share, which surpassed the Zacks Consensus Estimate of$1.53 by 4.6%. The bottom line also improved 30.1% from the year-ago quarter’s recorded figure.The company reported GAAP earnings of $1.01 per share, down from$1.07 registered in the fourth quarter of 2022.TXT generated 2023 adjusted earnings of $5.59 per share, which surpassed the Zacks Consensus Estimate of$5.54 by 0.9%. The bottom line also improved 25.6% from the year-a ...