Textron (TXT) Tops Q1 EPS by 21c

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Textron Reports First Quarter 2022 Results

April 28, 2022 6:30 AM EDT

EPS of $0.88, up $0.18 from adjusted EPS in the first quarter of 2021 Aviation backlog $5.1 billion, up $1.0 billion from year-end 2021 Net cash from operating activities of $225 million, up $118 million from the first quarter of 2021

PROVIDENCE, R.I.--(BUSINESS WIRE)-- Textron Inc. (NYSE: TXT) today reported first quarter 2022 net income of $0.88 per share, compared with $0.75 per share, or $0.70 per share of adjusted net income, a non-GAAP measure that is defined and reconciled to GAAP in an attachment to this release, in the first quarter of... More