|Expense Ratio (net)||0.95%|
|Morningstar Risk Rating||★★★★★|
|Last Cap Gain||0.00|
|Inception Date||Jun 30, 1986|
|Average for Category||N/A|
Textron’s (TXT) revenues in 3Q16 rose 2.2% to ~$3.3 billion, missing estimates by $150 million. Sales growth was driven by 2.1% inorganic growth.
Investors who took positions in Clarcor (CLC) stock at the beginning of the year have few reasons to complain.
Clarcor beat Wall Street estimates by four cents with 3Q16 adjusted earnings per share (or EPS) of $0.73.