Textron Q1 2022 EPS $0.88, up 26% YoY; Aviation backlog $5.1B

TEXTRON INC

2023-Q1 EPS reported $0.88 revenue$3,001,000,000

GAAP EPS $0.88 vs $0.75 in Q1 2021; adjusted EPS $0.88 vs $0.70.
Manufacturing cash from ops $225M, up $118M from Q1 2021; returned $157M in buybacks.
Aviation revenue $1.0B (+$175M); 39 jets delivered (up from 28), 31 turboprops (up from 14).
Bell revenue $834M (-$12M); 25 commercial helos delivered (up from 17); backlog $4.8B.
Systems revenue $273M (-$55M) on Afghanistan withdrawal impact; Industrial revenue $838M (+$13M).

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