Textron reports Q1 results

Textron Inc. (NYSE: TXT) on April 19 reported first quarter 2017 income from continuing operations of $0.37 per share or $0.46 per share of adjusted income from continuing operations, a non-GAAP measure that is defined and reconciled to GAAP in an attachment to this release, compared to $0.55 per share in the first quarter of 2016. During this year’s first quarter, the company recorded $37 million of pre-tax special charges ($0.09 per share, after-tax).