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Textron (TXT) Scott C. Donnelly on Q3 2015 Results - Earnings Call Transcript


Ladies and gentlemen, thanks for standing by and welcome to the Textron Third Quarter Earnings Call. At this time, all participants are in a listen-only mode. We will conduct a question-and-answer session later. As a reminder, this conference is being recorded.

I would now like to turn the conference over to our host, Vice President of Investor Relations, Mr. Doug Wilburne. Please go ahead, sir.

Douglas R. Wilburne - Vice President-Investor Relations

Thanks, Brad, and good morning, everyone. Before we begin, I'd like to mention we will be discussing future estimates and expectations during our call today. These forward-looking statements are subject to various risk factors, which are detailed in our SEC filings and also in today's press release.

On the call today, we have Scott Donnelly, Textron's Chairman and CEO; and Frank Connor, our Chief Financial Officer. Our earnings call presentation can be found in the Investor Relations section of our website.

Textron's revenues in the quarter were $3.2 billion, down 7.3% from $3.4 billion in last year's third quarter. However, income from continuing operations was $0.63...