Textron's Q1 Earnings Beat Estimates, Revenues Rise Y/Y

Core Viewpoint - Textron Inc. reported strong first-quarter 2025 results, with adjusted earnings per share (EPS) of $1.28, exceeding estimates and showing year-over-year growth [1][9] Financial Performance - Adjusted EPS of$1.28 beat the Zacks Consensus Estimate of $1.17 by 9.4$1.20 in the same quarter last year [1] - GAAP EPS rose to $1.13 from$1.03 year-over-year [1] - Total revenues reached $3.31 billion, surpassing the Zacks Consensus Estimate of$3.25 billion by 1.9% and up 5.5% from $3.14 billion a year ago [2] Segmental Performance - **Textron Aviation**: Revenues increased 2$1.21 billion, driven by higher aftermarket parts and services, but operating profit decreased to $127 million from$143 million due to an unfavorable mix of aircraft sold [3][4] - Bell: Revenues surged 35.2% to $983 million, supported by increased military and commercial revenues, with profits rising 12.5$90 million [4][5] - Textron Systems: Revenues fell 3.3% to $296 million due to lower volume, but profits increased 5.3$40 million, aided by reduced R&D costs [5][6] - Industrial: Revenues declined 11.2% to $792 million, while profits slightly increased to$30 million from $29 million [6] - **Textron eAviation**: Revenues remained stable at$7 million, with a narrower loss of $17 million compared to$18 million last year [7] Cash Flow and Debt - Cash and cash equivalents decreased to $1.19 billion from$1.39 billion at the end of 2024 [8] - Operating cash flow used was $114 million, up from$30 million year-over-year [8] - Long-term debt rose to $3.04 billion from$2.89 billion [8] Guidance - Textron maintained its 2025 adjusted EPS outlook in the range of $6.00-$6.20, with the Zacks Consensus Estimate at $6.07, below the midpoint of the guidance [9]