Textron Q2 EPS $1.00 vs $0.81 YoY; Aviation backlog $5.8B; cash flow guidance raised

TEXTRON INC

2022-Q2 EPS reported $1.88 revenue$6,155,000,000

EPS from continuing operations of $1.00, up 23% from $0.81 in Q2 2021.
Aviation revenue $1.3B (+$123M); segment profit $155M (+$59M); backlog $5.8B.
Bell revenue $687M (-$204M); segment profit $63M (-$47M); backlog $5.3B.
Net cash from operations $364M; $282M returned via share repurchases in Q2.
Full-year EPS outlook reaffirmed $3.80–$4.00; cash flow before pensions raised to $800–$900M.

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