earnings
confidence high
sentiment positive
materiality 0.70
Textron Q1 EPS $0.92 ($1.05 adjusted); revenue up at Aviation, Industrial, Systems; Bell down
TEXTRON INC
2023-Q1 EPS reported
$0.92
revenue$3,024,000,000
- GAAP EPS $0.92 vs $0.88 YoY; adjusted EPS $1.05 vs $0.97.
- Aviation revenue $1.1B (+$109M); jet deliveries 35 (down from 39); backlog $6.5B.
- Bell revenue $621M (-$213M) on lower military volume; backlog $4.6B.
- Industrial revenue $932M (+$94M); Systems revenue $306M (+$33M).
- Operating cash flow $153M; $377M returned via share repurchases in Q1.