Textron Inc. Earnings Climb 5% In Q2

(RTTNews) - Textron Inc. (TXT) announced a profit for its second quarter that advanced compared to the same period last year.

The company said its bottom line advanced to $178 million, or $0.66 per share. This was higher than $169 million, or $0.60 per share, in last year's second quarter.

Analysts had expected the company to earn $0.64 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 8.0% to $3.51 billion. This was up from $3.25 billion last year.

Textron Inc. earnings at a glance:

-Earnings (Q2): $178 Mln. vs. $169 Mln. last year. -Earnings Growth (Y-o-Y): 5.3% -EPS (Q2): $0.66 vs. $0.60 last year. -EPS Growth (Y-o-Y): 10.0% -Analysts Estimate: $0.64 -Revenue (Q2): $3.51 Bln vs. $3.25 Bln last year. -Revenue Change (Y-o-Y): 8.0%