secwatch.observer — SEC 8-K summary
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Issuer:     TEXTRON INC (TXT)
CIK:        0000217346
Form:       8-K
Filed at:   2024-01-24T23:59:59+00:00
Accession:  0000217346-24-000014
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/217346/000021734624000014/0000217346-24-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/217346/000021734624000014/txt-20240124.htm
  HTML page:      https://secwatch.observer/filing/0000217346-24-000014

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer