earnings
confidence high
sentiment positive
materiality 0.75
Textron Q4 EPS $1.07 vs $0.93; 2023 adjusted EPS outlook $5.00-$5.20
TEXTRON INC
2023-FY EPS reported
$4.01
revenue$12,869,000,000
- Q4 EPS from continuing ops $1.07, up from $0.93 YoY; full-year EPS $4.01 vs $3.30.
- Aviation backlog $6.4B at year-end, up $2.3B from 2021; Bell backlog $4.8B.
- Full-year manufacturing net cash from ops $1.5B; share repurchases totaled $867M.
- 2023 revenue forecast ~$14.0B (up from $12.9B); GAAP EPS $4.40-$4.60, adj. $5.00-$5.20.
- Aviation segment revenue $1.6B (+$223M); delivered 52 jets vs 46 last year.