Reports Q4 revenue $3.64B, consensus $3.32B. Reports aviation backlog of $6.4B at year-end 2022, up $2.3B from year-end 2021. "2022 was a strong year at Textron with solid revenue growth, order flow and execution at Aviation, new program awards at Systems, higher revenues and operating profit at Industrial and the contract award for the U.S. Army’s Future Long Range Assault Aircraft program at Bell," said Textron Chairman and CEO Scott C. Donnelly.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on TXT:
- Lockheed Martin, Boeing protest Army’s decision to give Textron FLRAA contract
- Lockheed protests selection of Textron for $7B helicopter award, Bloomberg says
- Bell Textron awarded $1.36B Army contract
- Early notable gainers among liquid option names on December 6th
- Textron’s FLRAA win should be ‘positively received,’ says Morgan Stanley