Textron (TXT) Tops Q1 EPS by 7c

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Textron Reports First Quarter 2023 Results

April 27, 2023 6:30 AM EDT

EPS of $0.92; adjusted EPS of $1.05 Net cash from operating activities of $153 million in the first quarter of 2023 $377 million returned to shareholders through share repurchases in the first quarter

PROVIDENCE, R.I.--(BUSINESS WIRE)-- Textron Inc. (NYSE: TXT) today reported first quarter 2023 net income of $0.92 per share, as compared to $0.88 per share in the first quarter of 2022. Adjusted net income, a non-GAAP measure that is defined and reconciled to GAAP in an attachment to this release, was $1.05 per share for the first quarter of... More