Textron Inc. Profit Advances 6% In Q4

(RTTNews) - Textron Inc. (TXT) revealed earnings for its fourth quarter that gained ground compared to the same period last year.

The company said its bottom line totaled $225 million, or $0.81 per share. This was higher than $213 million, or $0.76 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.83 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 4.2% to $3.92 billion. This was down from $4.09 billion last year.

Textron Inc. earnings at a glance:

-Earnings (Q4): $225 Mln. vs. $213 Mln. last year. -Earnings Growth (Y-o-Y): 5.6% -EPS (Q4): $0.81 vs. $0.76 last year. -EPS Growth (Y-o-Y): 6.6% -Analysts Estimate: $0.83 -Revenue (Q4): $3.92 Bln vs. $4.09 Bln last year. -Revenue Change (Y-o-Y): -4.2%