Textron Inc

TXT: XNYS (USA)
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Textron Earnings: Midsize Jets and MV-75 Will Drive Future Results; Shares Appear 14% Undervalued

Textron reported third-quarter revenue up 5% year over year to $3.6 billion, down 3% sequentially, while operating profit grew to $342 million, or just under 10% margin. Textron Aviation and Bell Helicopter led the quarter, with strong jet deliveries and military revenue, respectively.

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