Textron (TXT) Tops Q3 EPS by 20c; Raises Outlook

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Textron Reports Third Quarter 2023 Results; Raises Full-Year EPS Outlook

October 26, 2023 6:30 AM EDT

EPS of $1.35; adjusted EPS of $1.49, up 30% from a year ago $235 million returned to shareholders through share repurchases in the third quarter Full-year adjusted EPS outlook raised to $5.45 - $5.55

PROVIDENCE, R.I.--(BUSINESS WIRE)-- Textron Inc. (NYSE: TXT) today reported third quarter 2023 income from continuing operations of $1.35 per share, as compared to $1.06 per share in the third quarter of 2022. Adjusted income from continuing operations, a non-GAAP measure that is defined and reconciled to GAAP in an attachment to this release, was $1.49 per share for... More