NYSE$TXT
Textron Inc · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Reported fourth quarter earnings, with EPS from continuing operations up from Q4 2021 and announced 2023 financial outlook.
Textron reported strong fourth quarter results with increased EPS and provided a positive 2023 financial outlook, forecasting revenue growth and EPS improvement.
- EPS from continuing operations was $1.07, an increase of $0.14 from Q4 2021.
- Aviation backlog reached $6.4 billion at year-end 2022, up $2.3 billion from the previous year.
- Textron is forecasting 2023 revenues of approximately $14.0 billion, up from $12.9 billion.
- Full-year 2022 income from continuing operations was $4.01 per share up from $3.30 in 2021.
Headline financials
Revenue & EPS history
Textron · Revenue · Quarterly
$3.64B
Revenue by segment
Textron · $3.63B total across 5 segments · Q4 2022
- Textron Aviation$1.58B+16.4%43.6%
- Industrial$907M+16.1%25.0%
- Bell$816M-4.9%22.5%
- Textron Systems$314M+0.3%8.7%
- Finance$11M+0.0%0.3%
Forward guidance
Textron is forecasting 2023 revenues of approximately $14.0 billion and expects full-year 2023 GAAP earnings per share from continuing operations will be in the range of $4.40 to $4.60.
Tailwinds
- Higher revenues
- Increased profit
- Operating margin expansion
- Ongoing investments in new products
- Ongoing investments in new programs
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 Q4 2022
+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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