Textron reports $815M profit in 2019

TEXTRON REPORTED a profit of $815 million profit in 2019. / COURTESY TEXTRON
TEXTRON REPORTED a profit of $815 million in 2019. / COURTESY TEXTRON
PROVIDENCE – Textron Inc. earned an $815 million profit in 2019, a 33.3% decline year over year, the company said on Wednesday. Earnings per share were $3.50 for the year, compared with $4.83 in 2018. Revenue declined 2.4% from 2018 to 2019, to $13.6 billion. Fourth quarter profit totaled $199 million, a 19.1% decline year…

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