earnings
confidence high
sentiment positive
materiality 0.75
Textron Q2 EPS $0.81; raises full-year adjusted EPS guidance to $3.00-$3.20
TEXTRON INC
2021-Q2 EPS reported
$1.55
revenue$6,070,000,000
- EPS from continuing operations $0.81; adjusted EPS also $0.81 vs $0.13 in Q2 2020.
- Net cash from operating activities $572M; manufacturing cash flow before pensions $509M.
- Aviation backlog $2.7B, up $689M in quarter; Bell backlog $4.8B, Systems $2.3B.
- Bell delivered 47 commercial helicopters (up from 27), Aviation delivered 44 jets (up from 23).
- Full-year cash flow guidance raised to $800M-$900M, up $200M from prior outlook.