earnings
confidence high
sentiment positive
materiality 0.60
Textron Q2 adjusted EPS $1.54 beats $1.46 YoY; revenue up 3.3% to $2.74B
TEXTRON INC
- EPS from continuing ops $1.35; adjusted EPS $1.54 vs. $1.46 a year ago.
- Manufacturing net cash from operations $383M, up from $314M; $358M returned via buybacks.
- Textron Aviation revenue $1.5B (+$113M); segment profit $195M (+$24M); backlog $7.5B.
- Bell revenue $794M (+$93M) on FLRAA military volume; segment profit $82M (+$17M); backlog $4.2B.
- Industrial revenue fell $112M to $914M; segment profit down $37M to $42M on lower volume.