Textron reports $115M profit in Q3

TEXTRON INC. has reported a $115 million profit for the third quarter of 2020. / COURTESY TEXTRON
PROVIDENCE – Textron Inc. posted a $115 million profit in the third quarter, a decline from $220 million one year prior, the company reported Thursday. Earnings per diluted share were 50 cents, compared with 95 cents one year prior. Revenue for the quarter totaled $2.7 billion, a decline from $3.3 billion in the third quarter…

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