Textron (TXT) Tops Q1 EPS by 23c, Revenues Beat; Offers FY21 EPS Mid-Point Guidance Above Consensus

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Go back to Textron (TXT) Tops Q1 EPS by 23c, Revenues Beat; Offers FY21 EPS Mid-Point Guidance Above Consensus

Textron Reports First Quarter 2021 Results

April 29, 2021 6:30 AM EDT

EPS of $0.75; adjusted EPS of $0.70 Operating margin of 8.9%, up from 5.6% a year ago Revenue up $102 million, or 3.7% from prior year Net cash from operating activities of $107 million, up $500 million from prior year Aviation backlog $2.1 billion, up $452 million from year-end 2020 Full-year adjusted EPS outlook raised by $0.10

PROVIDENCE, R.I.--(BUSINESS WIRE)-- Textron Inc. (NYSE: TXT) today reported first quarter 2021 net income of $0.75 per share. Adjusted net income, a non-GAAP measure that is defined and reconciled to GAAP in an... More