Textron shares down 7.7% after Q2 results

Textron reported Q2 segment profit of $353 million (vs. estimate of $347.8 million), revenue of $3.83 billion (vs. IBES estimate of $3.799 billion), and adjusted EPS from continuing operations of $1.62 (vs. estimate of $1.54); following the results, shares initially fell 2% in premarket trading on low volume before later declining 7.7%, with the latest price movement reported at 7.7% post-results, per final update from authoritative financial reporting sources.