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Jul 02, 2022
Textron Q2 2022 Earnings Report
Reported second quarter earnings and cash generation.
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
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
Historical Earnings Impact
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Avg. Return Before/After Earnings
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