The market expects Textron (TXT) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on ...

PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) will release its fourth quarter 2023 financial results on Wednesday morning, January 24, 2024. Textron will also host a conference call at 8:00 a.m. (Eastern) to discuss the results and the company’s outlook. The call will be available via webcast at www.textron.com or by direct dial at (844) 867-6169 in the U.S. or (409) 207-6975 outside of the U.S.; Access Code: 2046023. In addition, the call will be recorded and available for playback beginnin ...

Textron, Inc. (NYSE:TXT) Q3 2023 Earnings Conference Call October 26, 2023 8:00 AM ET Company Participants Eric Salander - VP, IR & Treasurer Scott Donnelly - Chairman, President & CEO Frank Connor - EVP & CFO Conference Call Participants Sheila Kahyaoglu - Jefferies David Strauss - Barclays Bank Noah Poponak - Goldman Sachs Group Douglas Harned - Sanford C. Bernstein & Co. George Shapiro - Shapiro Research Kristine Liwag - Morgan Stanley Jason Gursky - Citigroup Myles Walton - Wolfe Research Ronald Epstein ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______. Commission File Number 1-5480 Textron Inc. (Exact name of registrant as specified in its charter) (State or other jur ...

Financial Data and Key Metrics Changes - Revenues for Q2 2023 were $3.4 billion, an increase of $270 million from Q2 2022 [3] - Segment profit for the quarter was $352 million, up $71 million from the same period last year [3] - Adjusted income from continuing operations was $1.46 per share, compared to $1.11 per share in Q2 2022 [4] - Manufacturing cash flow before pension contributions totaled $242 million, down from $309 million in Q2 2022 [4] Business Line Data and Key Metrics Changes - Aviation revenues were $1.4 billion, up $78 million from Q2 2022, with segment profit of $171 million, an increase of $22 million [10] - Bell revenues were $701 million, up $14 million from last year, with segment profit of $65 million, an increase of $11 million [11] - Textron Systems revenues were $306 million, up $13 million from last year, with segment profit of $37 million, down $1 million [12] - Industrial revenues were $1 billion, up $155 million from last year, with segment profit of $79 million, up $42 million [12] Market Data and Key Metrics Changes - Aviation backlog grew by $315 million, ending the quarter at $6.8 billion [5] - Bell's backlog ended the quarter at $5.6 billion, with $1.2 billion added related to the FLRAA contract [7][11] - Textron Systems backlog ended at $1.9 billion [12] Company Strategy and Development Direction - The company is focused on strong demand across all business lines, particularly in Aviation and Industrial sectors [5][8] - Investments in new products and technologies are prioritized, with ongoing development in eVTOL and hybrid electric aircraft [9][10] - The company plans to continue share repurchase programs to manage capital effectively while investing in R&D [14][25] Management's Comments on Operating Environment and Future Outlook - Management noted that supply chain challenges persist but are modestly improving, impacting delivery targets [17][18] - The company expects a slight revenue shortfall for the year but maintains a strong demand environment [18] - Guidance for full-year adjusted earnings per share has been increased to a range of $5.20 to $5.30 [14] Other Important Information - The company repurchased approximately 4.2 million shares in the quarter, returning $273 million to shareholders [14] - A new authorization for the repurchase of up to 35 million shares has been approved [14] Q&A Session Summary Question: How is the company managing delivery targets amid supply chain volatility? - Management indicated that while supply chain issues remain a challenge, order activity is strong, and they are optimistic about future demand [17][18] Question: What is the aftermarket growth for Aviation? - The aftermarket growth for the quarter was about 3%, accounting for 32% of total revenue [20] Question: How does the company view the B-22 program and its transition to FLRAA? - Management noted that the Navy is recognizing the versatility of the V-22, which may lead to increased demand for additional aircraft [22] Question: What is the company's approach to capital allocation? - The company continues to generate strong free cash flow, balancing investments in R&D and share repurchases [25][26] Question: What is the outlook for the general aviation market? - Management reported strong demand across all segments of general aviation, with training schools increasing orders to address pilot shortages [30] Question: How sustainable is the strong performance in the Industrial segment? - Management expressed optimism about the resilience of the U.S. consumer and strong demand in automotive and other sectors [46] Question: What is the company's strategy for growth in the A&D business? - The company aims to grow organically through investments in existing businesses while remaining open to acquisitions if opportunities arise [61][62]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 1, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______. Commission File Number 1-5480 Textron Inc. (Exact name of registrant as specified in its charter) (State or other jurisdict ...

Textron Inc. (NYSE:TXT) Q1 2023 Earnings Conference Call April 27, 2023 8:00 AM ET Corporate Participants Eric Salander - Vice President, Investor Relations Scott Donnelly - Chairman and Chief Executive Officer Frank Connor - Chief Financial Officer Conference Call Participants Sheila Kahyaoglu - Jefferies Douglas Harned - Bernstein Seth Seifman - JPMorgan Cai Von Rumohr - Cowen Robert Stallard - Vertical Research David Strauss - Barclays George Shapiro - Shapiro Research Pete Skibitski - Alembic Global Kri ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) For the quarterly period ended April 1, 2023 OR (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 40 Westminster Street, Providence, RI 02903 For the transition period from ______ to ______. (Address of principal executive offices) (Zip code) Commission File N ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number 1-5480 Textron Inc. (Exact name of registrant as specified in its charter) Delaware 05-0315468 (State or other jurisdiction of incorporation or or ...

Q4 2022 Earnings Call Presentation January 25th, 2023 The data in this package should be read in conjunction with the Textron earnings release and accompanying tables. Forward-Looking Information Certain statements in this package and other oral and written statements made by Textron from time to time are forward-looking statements, including those that discuss strategies, goals, outlook or other non-historical matters; or pro ...