Investment ideas. Stocks. TXT US

Stocks. Textron (TXT US): financial statements for Q1 2021.
Actuals: financial results. Textron, a company from U.S. defense sector, presented last week its financial statements for the 1 quarter of 2021. Revenue increased by 3.7% year-on-year amounting to about $2.9 billion. Quarter EBITDA grew by 48% to $344 million, with a more than triple rise in adjusted net profit to $171 million.

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Companies keep publishing strong performance reports, and quarantine restrictions are relieved in the U.S.; however, this does not create momentum for the market to continue growth. In fact, Treasury ...

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