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Apr 01, 2023
Textron Q1 2023 Earnings Report
Reported first quarter 2023 results with adjusted EPS of $1.05.
Key Takeaways
Textron reported a solid first quarter in 2023, with revenue growth in Aviation, Industrial, and Systems segments. The company's adjusted EPS reached $1.05, and it returned $377 million to shareholders through share repurchases. Bell is expected to see revenue growth throughout the rest of the year.
EPS was $0.92; adjusted EPS was $1.05.
Net cash from operating activities was $153 million.
Returned $377 million to shareholders through share repurchases.
Saw revenue growth at Aviation, Industrial and Systems.
Textron
Textron
Textron Revenue by Segment
Revenue by Segment
Textron Aviation Revenue
CapyFin.comBell Revenue
CapyFin.comTextron Systems Revenue
CapyFin.comIndustrial Revenue
CapyFin.comFinance Revenue
CapyFin.com Forward Guidance
Textron anticipates net cash from operating activities between $1.275 billion and $1.375 billion and manufacturing cash flow before pension contributions between $900 million and $1 billion.
Revenue & Expenses
Visualization of income flow from segment revenue to net income