earnings
confidence high
sentiment positive
materiality 0.80
Textron Q3 adj EPS $1.55 beats $1.40, revenue $3.6B (+5%), backlog +$2.2B
TEXTRON INC
- GAAP EPS $1.31; adjusted EPS $1.55 vs $1.40 last year; revenue $3.6B, up 5% YoY.
- Aviation revenue $1.5B (+10%), Bell revenue $1.0B (+10%) on MV-75 ramp, Systems $307M.
- Backlog increased $2.2B; Bell $8.2B (up $1.3B), Systems $3.2B (up $980M).
- Operating cash flow $348M vs $208M; returned $206M via buybacks in quarter.
- Full-year guidance reaffirmed: adj EPS $6.00-$6.20; cash flow $900M-$1.0B.