Textron Comments on Fourth Quarter 2006 Earnings Outlook.Company Moves Earnings Release and Conference Call to January 24 PROVIDENCE Providence, city (1990 pop. 160,728), state capital and seat of Providence co., NE R.I., a port at the head of Providence Bay; founded by Roger Williams 1636, inc. as a city 1832. , R.I. -- Textron Inc. (NYSE NYSE See: New York Stock Exchange : TXT TXT Text TXT Text File (filename extension) TXT Textile TXT Teletext TXT Tecnologia per a Tothom TXT Textron Corporation (stock symbol) ) today announced that it has incurred additional costs related to its Bell Helicopter Bell Helicopter Textron is an American helicopter and tiltrotor manufacturer headquartered in Fort Worth, Texas. A division of Textron, Bell manufactures military helicopter and tiltrotor products in the United States (primarily in and around Fort Worth as well as in Amarillo, H-1 program during the fourth quarter of 2006. However, stronger financial performance at Cessna, Textron Systems and Textron Financial, plus a lower tax rate, more than offset the additional H-1 costs booked in the quarter. This will result in reported fourth quarter earnings per share from continuing operations continuing operations Parts of a business that are expected to be maintained as an ongoing segment of an overall business operation. Income and losses from continuing operations are reported separately if any segments have been discontinued during the in excess of the company's previous guidance range of $1.35 - $1.45. The company has moved the timing of its fourth quarter earnings release to 4:00 p.m., Eastern on Wednesday, January 24, 2007, with a conference call to follow at 4:30 p.m., Eastern. The call will be available via webcast at www.textron.com or by direct dial at (888) 428-4474 in the U.S. (Please note this change in the toll-free call-in number), or (612) 332-0226 outside of the U.S. Please request the Textron Earnings Call. The call will be recorded and available for playback Playback could mean:
Textron Inc. is a $10 billion multi-industry company operating in 33 countries with approximately 37,000 employees. The company leverages its global network of aircraft, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell Helicopter, Cessna Aircraft, Jacobsen, Kautex, Lycoming, E-Z-GO and Greenlee, among others. More information is available at www.textron.com. |
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