PROVIDENCE, R.I. (AP) _ Textron Inc. (TXT) on Thursday reported second-quarter net income of $183 million, after reporting a loss in the same period a year earlier.

The Providence, Rhode Island-based company said it had net income of 80 cents per share. Earnings, adjusted to account for discontinued operations and non-recurring costs, came to 81 cents per share.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 61 cents per share.

The maker of Cessna small planes and Bell helicopters posted revenue of $3.19 billion in the period.

Textron expects full-year earnings in the range of $3 to $3.20 per share.

Textron shares have climbed 43% since the beginning of the year, while the S&P's 500 index has increased 17%. The stock has more than doubled in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TXT at https://www.zacks.com/ap/TXT

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