Textron forecasts full-year profit that tops estimates

Textron Inc. forecast higher 2012 profit than analysts estimated as demand for its Cessna aircraft recovers and Bell helicopter sales grow.

Earnings from continuing operations excluding one-time items will be $1.80 a share to $2, the Providence-based company said in a statement Wednesday. The average of nine analysts’ estimates compiled by Bloomberg was $1.67.

Full Story: Textron forecasts full-year profit that tops estimates Source: Providence Business News, January 26th, 2012

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