Post-earnings recap
Reported
Thu, Jan 27, 2022
Est. EPS
—
Est. revenue
—
Implied move
—
EPS beat rate
75%
—
Est. EPS
—
Est. Rev
—
Impl. Move
—
Textron's earnings report shows a slight miss on EPS, which contributed to a notable drop in stock price by 7.11%. The lack of revenue data and guidance suggests uncertainty in the company's outlook. Investors may be concerned about supply chain issues and rising costs affecting future performance.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $0.94 | N/A | -3.69% |
Management expressed concerns about external pressures affecting performance. They did not provide guidance for future quarters, indicating uncertainty.
Management highlighted ongoing challenges in the supply chain.
They acknowledged the impact of rising material costs on profitability.
There was no specific outlook provided for the upcoming quarters.