- Textron press release ( NYSE: TXT ): Q3 GAAP EPS of $1.06 beats by $0.13 .
- Revenue of $3.08B (+3.4% Y/Y) misses by $160M .
- Net cash from operating activities of $356M in the third quarter of 2022.
- Aviation backlog $6.4B, up $524M from the second quarter of 2022.
- Full-year EPS outlook narrowed to a range of $3.90 to $4.00 vs. consensus of $3.94.
- Full-year cash flow guidance raised to a range of $1.1 billion to $1.2 billion, up $300M from the previous outlook, with planned pension contributions of $50M.
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Textron reports Q3 mixed earnings; narrows full-year EPS and raises FY22 cash flow guidance