Textron Reports Fourth Quarter 2024 Results; Announces 2025 Financial Outlook
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Textron Inc. reported a decrease in fourth quarter 2024 income from continuing operations to $0.76 per share, down from $1.01 per share in the same quarter of 2023. Adjusted income also fell to $1.34 per share from $1.60 per share year-over-year.
January 22, 2025 | 11:45 am
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Textron Inc. reported a decline in both GAAP and adjusted income per share for Q4 2024 compared to Q4 2023, indicating potential challenges in maintaining profitability.
The decrease in both GAAP and adjusted income per share suggests a decline in profitability, which could negatively impact investor sentiment and the stock price in the short term.
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