Textron Reports First Quarter 2024 Results
Textron Inc. (TXT)
Last textron inc. earnings: 4/30 06:30 am
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US:NYSE Investor Relations:
investor.textron.com/investors/default.aspx
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Source: Business Wire
EPS of $1.03; adjusted EPS of $1.20, up from $1.05 from prior yearSegment profit of $290 million, up $31 million from prior year PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) today reported first quarter 2024 net income of $1.03 per share, as compared to $0.92 per share in the first quarter of 2023. Adjusted net income, a non-GAAP measure that is defined and reconciled to GAAP in an attachment to this release, was $1.20 per share for the first quarter of 2024, compared to $1.05 per share in the first quarter of 2023.“In the quarter, we saw profit growth across our Aviation, Bell, and Systems businesses,” said Textron Chairman and CEO Scott C. Donnelly. "At Aviation, we saw continued strong market demand which contributed to $177M in backlog growth. At Bell, we saw revenue growth driven by the FLRAA program."Cash FlowNet cash used by operating activities of the manufacturing group for the first quarter was $30 million, compared to $153 million in cash provided last yea
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News
- Textron Aviation Unveils Expanded Global Parts Distribution Facility, Elevating Customer Service [Yahoo! Finance]Yahoo! Finance
- Textron Aviation Unveils Expanded Global Parts Distribution Facility, Elevating Customer ServiceBusiness Wire
- Textron: A Post-Earnings Plunge Is My Buying Opportunity [Seeking Alpha]Seeking Alpha
- Textron Inc. (NYSE: TXT) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
- Textron (TXT) Loses -11.5% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner [Yahoo! Finance]Yahoo! Finance
TXT
Earnings
- 4/25/24 - Miss
TXT
Sec Filings
- 4/25/24 - Form 4
- 4/25/24 - Form 4
- 4/25/24 - Form 4
- TXT's page on the SEC website