Textron Q3 Profit Rises to $270 Million as Revenue Climbs 4.1%

Textron Inc. (TXT) reported third-quarter net income of $270 million, or $1.56 per share, up from $234 million, or $1.31 per share, in the same period last year, the company announced. Excluding items, the aerospace and defense contractor posted adjusted earnings of $303 million, or $1.76 per share. Revenue for the quarter rose 4.1% to $3.751 billion from $3.602 billion a year earlier. The company issued full-year earnings per share guidance of $6.55 to $6.65.