Textron Inc. reported strong first-quarter earnings of $0.88 per share, surpassing the Zacks Consensus Estimate by 22.2%, and reflecting a 17.3% increase from the previous year. Total revenues reached $3 billion, exceeding projections by 0.92%, despite a decline in Textron Systems revenues to $273 million. The aviation segment's recovery contributed significantly to this performance, while Textron also declared a quarterly dividend and returned $157 million to shareholders, showcasing robust financial health.
“Textron Inc. TXT · reported first-quarter 2022 earnings of · 88 cents per share · surpassed the Zacks Consensus Estimate of 72 cents by 22.2%”
“Textron Systems · revenues in this segment · $273 million · down 16.8% from the year-ago period”
“GAMCO Investors · held · 1.92 million shares of Textron Inc. (NYSE:TXT) · worth $148.65 million”
“Textron Inc. · reported · first-quarter 2022 earnings · 88 cents per share”
“Textron Inc. · surpassed · the Zacks Consensus Estimate · 72 cents”
“Textron Inc. · improved · earnings from the year-ago quarter · 17.3%”
“Textron Inc. · total revenues · came in · $3,001 million”
“Textron Inc. · beat · the Zacks Consensus Estimate · $2,973.7 million”
“Textron Inc. · increased · total revenues from the year-ago quarter · 4.2%”
“Textron Inc. · delivered · 39 jets · up from 28 in the year-ago quarter”
“Textron Inc. TXT · reported · first-quarter 2022 earnings · 88 cents per share”
“Textron Inc. TXT · surpassed · Zacks Consensus Estimate · 72 cents”
