Q1 2019 Textron Inc Earnings Call Transcript

Apr 17, 2019 / 12:00PM GMT
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Textron First Quarter Earnings Conference Call. (Operator Instructions) As a reminder, today's conference is being recorded.

And I would now like to turn the conference over to our host, Vice President of Investor Relations, Eric Salander. Please go ahead, sir.

Eric Salander - Textron Inc. - VP of IR & Treasurer

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 C. 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 $3.1 billion, down $187 million from last year's first quarter largely driven by the impact of the Tools &amp

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