Textron Inc

TXT: XNYS (USA)
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Textron Earnings: Refocusing on the Core, With Room to Improve; Shares 10% Undervalued

Second-quarter revenue grew 3% year over year to $3.8 billion, while segment operating profit grew just 2% to $353 million at a just-over-9 % margin. The company delivered one more airplane to customers than in the year-ago quarter, including nine fewer jets.

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