Textron Q2 adjusted EPS $1.46, up 32% YoY; raises full-year outlook to $5.20-$5.30

TEXTRON INC

Adjusted EPS of $1.46 (GAAP $1.30) vs $1.11 a year ago; revenue up 8.6% YoY.
Segment profit margin 10.3%, up 140 bps; Textron Aviation backlog $6.8B, Bell $5.6B.
Manufacturing operating cash flow $314M; returned $273M via share repurchases in Q2.
Board authorized new repurchase program of up to 35 million shares.
FY2023 adjusted EPS guidance raised to $5.20-$5.30 from $5.00-$5.20; cash flow reiterated.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

TEXTRON INC reported the fiscal quarter ended July 1, 2023 results: EPS $1.30 per share. Guidance raised.

Period: the fiscal quarter ended July 1, 2023
EPS: $1.30 per share
Guidance: raised
Result: reported results

Exact text from the filing

Textron Inc. (NYSE: TXT) today reported second quarter 2023 income from continuing operations of $1.30 per share

View on SEC.gov

8 earnings releases filed in the last 30 days. Browse all earnings releases →

TEXTRON INC filing history →

Source: SEC EDGAR

accession 0000217346-23-000022

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.