secwatch.observer — SEC 8-K summary
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Issuer:     TEXTRON INC (TXT)
CIK:        0000217346
Form:       8-K
Filed at:   2023-07-27T23:59:59+00:00
Accession:  0000217346-23-000022
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/217346/000021734623000022/0000217346-23-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/217346/000021734623000022/txt-20230727.htm
  HTML page:      https://secwatch.observer/filing/0000217346-23-000022

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