TXT - Textron's earnings and revenue grow on strength in aviation business

Textron's ( NYSE: TXT ) on Wednesday said revenue and earnings grew in Q4 as the company's aviation business increased sales volume and prices. The stock rose 1% in premarket trading.

The company's profit grew 9.2% from a year earlier to $226 million in Q4. Earnings rose 15% to $1.07 a share, in line with Wall Street's estimates . Revenue rose 10% to $3.64 billion, meeting the consensus forecast for Q4.

Textron's ( TXT ) aviation backlog more than doubled to $6.4 billion at the end of the year from $2.3 billion by the end of 2021.

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