earnings
confidence high
sentiment positive
materiality 0.80
Textron Q3 adjusted EPS $1.49, up 30% YoY; raises FY adjusted EPS guidance to $5.45-$5.55
TEXTRON INC
- GAAP EPS $1.35; adjusted EPS $1.49 vs $1.15 a year ago.
- Aviation revenue $1.3B (+$171M); jet deliveries flat at 39, turboprops up to 38.
- Bell revenue flat at $754M; commercial helo deliveries fell from 49 to 23 due to supply chain.
- Returned $235M to shareholders via buybacks in Q3; YTD $885M.
- FY adjusted EPS guidance raised to $5.45-$5.55 from $5.20-$5.30; cash flow outlook unchanged.