Textron (TXT) Tops Q3 EPS by 13c, Revenues Miss; Raises Cash Flow Guidance

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Textron Reports Third Quarter 2022 Results; Narrows Full Year EPS Range and Raises Cash Flow Guidance

October 27, 2022 6:30 AM EDT

EPS from continuing operations of $1.06, up $0.24 from the third quarter of 2021 Net cash from operating activities of $356 million in the third quarter of 2022 Aviation backlog $6.4 billion, up $524 million from the second quarter of 2022 Full-year EPS outlook narrowed to a range of $3.90 to $4.00 Full-year cash flow guidance raised to a range of $1.1 billion to $1.2 billion

PROVIDENCE, R.I.--(BUSINESS WIRE)-- Textron Inc. (NYSE: TXT) today reported third quarter 2022 income from continuing operations of $1.06 per share, compared with $0.82 per share, or $0.85 per... More