NYSE$TXT
Textron Inc · Q1 2020 earnings
Q1 2020 earnings · · Investor relations
Briefing
Reported first quarter results with adjusted net income of $0.35 per share, excluding special charges related to COVID-19 impacts.
Textron reported a decrease in first quarter revenue and earnings per share compared to the previous year, impacted by the COVID-19 pandemic, particularly affecting Textron Aviation and Industrial segments. Bell and Textron Systems showed revenue growth due to strong military performance.
- Net income was $0.22 per share, down from $0.76 per share in Q1 2019.
- Adjusted net income was $0.35 per share, excluding special charges.
- Bell and Textron Systems saw increased revenue and strong margin performance in their military businesses.
- COVID-19 pandemic negatively impacted Textron Aviation and Industrial segments.
Headline financials
Revenue & EPS history
Textron · Revenue · Quarterly
$2.78B
Revenue by segment
Textron · $3.03B total across 5 segments · Q1 2020
- Textron Aviation$872M-23.1%28.8%
- Bell$823M+11.4%27.1%
- Industrial$740M-18.9%24.4%
- Textron Systems$328M+6.8%10.8%
- Finance$270M-1.1%8.9%
Forward guidance
Textron is prepared to handle the period of uncertainty with ample liquidity and diversified revenue streams and expects the actions taken to position them for success as they begin to exit this global shutdown.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2020
+0.2%
Avg return
Earnings day
+0.4%
Avg return
5 days after
+2.3%
Avg return
30 days after
52%
34 / 65 earnings
Positive
+11.7%
Q2 2023
Best reaction
-12.7%
Q1 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.0% | +2.1% | +2.4% | |
| Q4 2025 | -7.5% | -7.1% | +4.7% | |
| Q3 2025 | -3.7% | -3.2% | -1.5% | |
| Q2 2025 | +1.2% | +1.7% | +6.0% | |
| Q1 2025 | +2.6% | +5.7% | +10.1% | |
| Q4 2024 | -3.4% | -3.0% | -10.9% | |
| Q3 2024 | -5.2% | -5.9% | -1.7% | |
| Q2 2024 | -1.9% | +0.1% | -4.5% | |
| Q1 2024 | -8.0% | -10.0% | -5.7% | |
| Q4 2023 | +8.6% | +8.1% | +8.4% | |
| Q3 2023 | +1.2% | +2.2% | +5.4% | |
| Q2 2023 | +11.7% | +13.9% | +10.0% | |
| Q1 2023 | +2.1% | +2.8% | -4.2% | |
| Q4 2022 | +3.6% | +1.4% | +5.7% | |
| Q3 2022 | +6.2% | +6.2% | +10.8% | |
| Q2 2022 | +0.7% | -0.5% | -0.9% | |
| Q1 2022 | +3.8% | +4.4% | -1.0% | |
| Q4 2021 | -7.1% | -4.0% | -0.4% | |
| Q3 2021 | +4.4% | +6.5% | +2.8% | |
| Q2 2021 | -0.1% | +3.7% | +5.5% | |
| Q1 2021 | +4.0% | +6.1% | +10.9% | |
| Q4 2020 | -5.4% | -8.6% | +1.5% | |
| Q3 2020 | +11.6% | +22.9% | +46.1% | |
| Q2 2020 | +2.0% | +4.8% | +16.6% | |
| Q1 2020 | -12.7% | -15.7% | +3.2% | |
| Q4 2019 | +2.7% | +1.3% | -11.2% | |
| Q3 2019 | -8.8% | -7.6% | -6.8% | |
| Q2 2019 | -9.6% | -7.9% | -17.9% | |
| Q1 2019 | +5.8% | +3.4% | -5.8% | |
| Q4 2018 | +7.0% | +7.3% | +12.0% | |
| Q3 2018 | -12.4% | -14.7% | -12.6% | |
| Q2 2018 | +0.3% | -0.4% | -0.2% | |
| Q1 2018 | +9.2% | +8.0% | +10.6% | |
| Q4 2017 | -0.6% | -5.8% | -4.2% | |
| Q3 2017 | +0.3% | +1.6% | -1.1% | |
| Q2 2017 | -1.8% | -1.5% | -3.7% | |
| Q1 2017 | -3.0% | -0.8% | -1.8% | |
| Q4 2016 | -1.8% | -3.9% | -4.5% | |
| Q3 2016 | +2.2% | +2.7% | +16.1% | |
| Q2 2016 | -0.2% | +0.2% | +3.7% | |
| Q1 2016 | +3.9% | — | — | |
| Q4 2015 | -11.0% | — | — | |
| Q3 2015 | +8.1% | — | — | |
| Q2 2015 | +8.6% | — | — | |
| Q1 2015 | +1.1% | — | — | |
| Q4 2014 | +2.9% | — | — | |
| Q3 2014 | +8.3% | — | — | |
| Q2 2014 | -0.1% | — | — | |
| Q1 2014 | -4.5% | — | — | |
| Q4 2013 | +4.7% | — | — | |
| Q3 2013 | +2.4% | — | — | |
| Q2 2013 | +1.9% | — | — | |
| Q1 2013 | -12.2% | — | — | |
| Q4 2012 | +4.8% | — | — | |
| Q3 2012 | -2.7% | — | — | |
| Q2 2012 | +10.7% | — | — | |
| Q1 2012 | -4.7% | — | — | |
| Q4 2011 | -0.4% | — | — | |
| Q3 2011 | -3.4% | — | — | |
| Q2 2011 | -3.2% | — | — | |
| Q4 2009 | -3.0% | — | — | |
| Q1 2011 | +1.6% | — | — | |
| Q2 2010 | +0.6% | — | — | |
| Q1 2010 | -0.1% | — | — | |
| Q4 2010 | -0.1% | — | — |
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