Textron Inc
TXT: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|!^ | LOCK|jK | LOCK|$J!L<Z^ |
Textron Earnings: Jets and Rotorcraft Drive Results, Industrials to Separate; Shares Fairly Valued
Textron reported first-quarter revenue up 12% year over year to $3.7 billion, while segment operating profit grew 10% to $308 million at just over 8% margin. Management also announced that it intends to sell or spin off the industrials segment by sometime in 2027.
