Get ready for a BLOWOUT earnings! 33-35 around the bend
- Bell division banging on all cylinders (over 35% of revenues) "For TXT, it was re-assuring to hear the order outlook remains very robust in commercial helicopters
(given Bell represents 50% of TXT EBIT)"
- Textron systems still strong, unmanned aircraft systems (drones, etc) segment growing stronger
- EZ-GO golf cart sales on and upswing with the season ramping up and courses around the world upgrading their equipment.
- Cessna commercial aircraft sales on an increase - Chinese presence's and interest in these beautiful aircrafts are just beginning to show on the bottom line ...
I could go on but you know where to look if you know to look here for your information and validation.
As for me, I'm in with a 1,000 shares at 28.95 and feeling real good.....33 is easily around the corner....35 not far ahead.
I think you believed the same numbers the analysts were given. I think middle management is misreporting numbers and the EPS is not what we think. I got out at 31 thanks to the facts. Currently in CAT until it hits 120, at least it has a dividend. If TXT sinks back to 24 I will think about switching, but not with out an increase in the dividend.