Textron profit down 12.3% for fourth-quarter, up for entire 2021

TEXTRON INC. earned a profit of $207 million in the fourth quarter of 2021. / COURTESY TEXTRON INC.
TEXTRON INC. earned a profit of $207 million in the fourth quarter of 2021. / COURTESY TEXTRON INC.
PROVIDENCE – Textron Inc. on Thursday reported that its net income for 2021 was $746 million, more than double the $309 million it made in 2020. But the Providence-based company said its fourth-quarter net income was $207 million – 12.3% down from the $236 million earned in the same period a year ago. On a…

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