Textron reports Q4 adjusted EPS $1.60 (+30% YoY); FY2024 adjusted EPS guidance $6.20-$6.40

TEXTRON INC

2023-FY EPS reported $4.56 revenue$13,683,000,000

GAAP EPS $1.01, adjusted EPS $1.60 vs $1.23 YoY; full-year adjusted EPS $5.59 up from $4.45.
FY2024 revenue guidance ~$14.6B (up from $13.7B); GAAP EPS $5.62-$5.82, adjusted $6.20-$6.40.
Aviation backlog $7.2B (+$782M YoY); Bell backlog $4.8B.
Full-year share repurchases $1.168B; Q4 returned $283M via buybacks.
Restructuring charges of $126M in Q4; expected annual savings ~$75M.

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 0.82

TEXTRON INC reported the fiscal quarter and year ended December 30, 2023 results: EPS $1.01 per share. Guidance initiated.

Period: the fiscal quarter and year ended December 30, 2023
EPS: $1.01 per share
Guidance: initiated
Result: reported results

Exact text from the filing

Textron Inc. (“Textron”) issued a press release announcing its financial results for the fiscal quarter and year ended December 30, 2023.

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

TEXTRON INC filing history →

Source: SEC EDGAR

accession 0000217346-24-000014

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