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Earnings: Textron (TXT) reports Q1 2020 results

Textron Inc. (NYSE: TXT) today reported first quarter financial results for the period ended April 4, 2020.

On GAAP basis, first quarter EPS was $0.22 vs. $0.76 in the first quarter of 2019. Total revenues declined 11% to $2.76 billion.

Shares up nearly 2% during the pre-market hours following the earnings announcement.

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