No. of Recommendations: 2
Hi everyone,

Textron reported earnings this morning (http://finance.yahoo.com/news/Textron-Reports-First-Quarter-...) and shares are down right now about 2.5% because of, early reports say, disappointing Cessna deliveries (http://www.reuters.com/article/2011/04/20/textron-idUSN20273...).

However, it reported a profit instead of a loss last year and my thesis is working out just fine. Just bought some more shares recently after noting that TTM Cessna revenue seemed to have bottomed out and was turning upward again, the last of the 4 segments to do so. It's continued that trend this quarter and the other 3 segments are also moving upward. https://spreadsheets.google.com/ccc?key=0Ah9lpnazQGRSdHZOWkN...

Cheers,
Jim
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