earnings
confidence high
sentiment neutral
materiality 0.70
Textron Q4 adj EPS $0.94 vs $1.06 YoY; FY2022 EPS guidance $3.80-4.00
TEXTRON INC
2023-FY EPS reported
$3.30
revenue$12,382,000,000
- Q4 GAAP EPS $0.93, adjusted $0.94; full-year adjusted EPS $3.30 up from $2.07 in 2020.
- Aviation backlog $4.1B at year-end, up $655M in Q4 and $2.5B for full year.
- FY2021 net cash from operations $1.5B; manufacturing cash flow before pensions $1.1B.
- Board authorized repurchase of up to 25M shares; $921M spent on buybacks in FY2021.
- 2022 outlook: revenues ~$13.3B, EPS $3.80-$4.00, operating cash flow $1.1-1.2B.