TXT - Textron Beats Q3 Earnings Expectations With Notable Aviation Growth | Benzinga
Textron Inc (NYSE: TXT) reported Q3 FY23 sales growth of $3.34 billion, missing the consensus of $3.476 billion, although adjusted EPS of $1.49 (+30% Y/Y) beat the consensus of $1.29.
Textron Aviation's revenues stood at $1.3 billion, up $171 million Y/Y on higher volume and mix of $89 million and higher pricing of $82 million. Textron Aviation's backlog came in at $7.4 billion.
The company witnessed the strongest order quarter of the year in Aviation, with an increase of 12% Y/Y.
Bell revenues were $754 million, flat ...