- Textron press release (NYSE:TXT): Q2 Non-GAAP EPS of $1.55 beats by $0.10.
- Revenue of $3.72B (+5.4% Y/Y) beats by $70M.
- Net cash provided by operating activities of the manufacturing group for the second quarter was $395 million, compared to $383 million last year.
-
Outlook
Textron reiterated its expectation for full-year 2025 GAAP earnings per share from continuing operations to be in the range of $5.19 to $5.39, or $6.00 to $6.20 on an adjusted basis vs. consensus of $6.14, which is reconciled to GAAP in an attachment to this release. Manufacturing cash flow before pension contributions, a non-GAAP measure, is now expected to be in the range of $900 million to $1.0 billion, up $100 million from the previous outlook. This updated outlook incorporates the expected impact associated with recently enacted U.S. tax legislation.
Textron beats top-line and bottom-line estimates; raises 2025 cash outlook
