Textron sees profit grow to $171M in Q1

PBN Staff

04/29/2021

Textron_01172019 — TEXTRON INC. reported a $171 million profit in the first quarter of 2021. / COURTESY TEXTRON

PROVIDENCE – Textron Inc. on Thursday reported a $171 million profit in the first quarter of 2021, or 75 cents per diluted share, a rise from $50 million, or 22 cents per share, one year prior. Quarterly revenue totaled $2.9 billion, a rise from $2.7 billion one year prior. “Revenues were higher in the quarter…

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