TEXTRON STOCK TUMBLES, DESPITE COMPANY'S BULLISH OUTLOOK
Stock in Textron, the parent company of Cessna Aircraft and Bell Helicopter, tumbled more than $5 per share Thursday to $57.88 amid concerns the company would not meet the consensus estimate of $1.12 in earnings per share for its fourth fiscal quarter. Textron stock has traded down sharply since the...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.