Textron Aviation Records Over $1 Billion In Revenue During The First Quarter Of 2024

On Thursday, April 25, Textron, the parent company of Textron Aviation, which owns famous aviation brands Cessna, Beechcraft, and Hawker, posted its financial results for the first quarter of 2024. Overall, the Providence, Rhode Island-based company recorded a net income of $1.03 per share. This averaged out to adjusted earnings of $1.20 per share. This was an improvement from the first quarter of 2023, in which Textron recorded a net income of $0.92 per share and adjusted earnings of $1.05 per share.