Diversified U.S. conglomerate, Textron Inc. (NYSE:TXT) announced strong fourth quarter 2011 adjusted earnings of 49 cents per share versus 33 cents in the year-ago quarter. The fourth quarterly result comfortably surpassed the Zacks Consensus Estimate of 34 cents. Higher numbers for the company were due to strong performance at Bell, continued improvement at Cessna, complemented by good performance in the Industrial business.
On a reported basis, Textron incurred a quarterly loss of 7 cents per … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards