Textron Q2 2022 Earnings Report
Key Takeaways
Textron reported a solid quarter of earnings and cash generation in Q2 2022. Aviation saw continued growth, strong execution and ongoing order momentum. The company reiterated its full year EPS expectation of $3.80 to $4.00 and now expects 2022 cash flow from continuing operations of the manufacturing group before pension contributions to be in a range of $800 to $900 million, up $100 million from the previous outlook.
EPS from continuing operations of $1.00, up $0.19 from the second quarter of 2021
Aviation backlog $5.8 billion, up $708 million from the first quarter of 2022
Net cash from operating activities of $364 million in the second quarter of 2022
$282 million returned to shareholders through share repurchases in the second quarter of 2022
Textron
Textron
Textron Revenue by Segment
Forward Guidance
Textron reiterated its full year earnings per share expectation of $3.80 to $4.00. Textron now expects 2022 cash flow from continuing operations of the manufacturing group before pension contributions to be in a range of $800 to $900 million, up $100 million from the previous outlook.
Revenue & Expenses
Visualization of income flow from segment revenue to net income