Textron Q1 2023 Earnings Report
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
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Textron Revenue by Segment
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