Yahoo Finance

• Quarterly Revenue: $3.6 billion, down from $3.9 billion in Q4 2023.

• Quarterly Segment Profit: $283 million, down $101 million from Q4 2023.

• Quarterly Adjusted Income from Continuing Operations: $1.34 per share, compared to $1.60 per share in Q4 2023.

• Quarterly Manufacturing Cash Flow Before Pension Contributions: $306 million, down $74 million from Q4 2023.

• Full Year Revenue: $13.7 billion, up $19 million from 2023.

• Full Year Segment Profit: $1.2 billion, down $127 million from 2023.

• Full Year Adjusted Income from Continuing Operations: $5.48 per share, compared to $5.59 per share in 2023.

• Full Year Manufacturing Cash Flow Before Pension Contributions: $692 million, down $239 million from 2023.

• Aviation Backlog: $7.8 billion, an increase of $676 million from 2023.

• Bell Revenue Growth: 13.7% increase for the year.

• Systems Segment Profit Margin: 13.5% in the quarter.

• Total Company Backlog: $17.9 billion, up $4 billion from 2023.

• 2025 Revenue Projection: Approximately $14.7 billion, up 7% from 2024.

• 2025 Adjusted EPS Projection: $6 to $6.20.

• 2025 Manufacturing Cash Flow Before Pension Contributions Projection: $800 million to $900 million.

• Textron Aviation Quarterly Revenue: $1.3 billion, down $242 million from Q4 2023.

• Textron Aviation Quarterly Segment Profit: $100 million, down $93 million from Q4 2023.

• Bell Quarterly Revenue: $1.1 billion, up $58 million from Q4 2023.

• Bell Quarterly Segment Profit: $110 million, down $8 million from Q4 2023.

• Textron Systems Quarterly Revenue: $311 million, down $3 million from Q4 2023.

• Textron Systems Quarterly Segment Profit: $42 million, up $7 million from Q4 2023.

• Industrial Quarterly Revenue: $869 million, down $92 million from Q4 2023.

• Industrial Quarterly Segment Profit: $48 million, down $9 million from Q4 2023.

• eAviation Quarterly Revenue: $11 million with a segment loss of $22 million.

• Finance Segment Quarterly Revenue: $11 million with a profit of $5 million.

• Share Repurchases: Approximately 2.8 million shares in the quarter, totaling $232 million.

• Warning! GuruFocus has detected 7 Warning Sign with BKU.

Release Date: January 22, 2025

For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Positive Points

• Textron Inc (NYSE:TXT) reported a year-end backlog of $17.9 billion, up $4 billion from 2023, indicating strong future demand.

• The Aviation segment secured a significant order from Naval Air Systems Command for 26 Beechcraft King Air 260s, boosting its backlog.

• Bell segment experienced a 13.7% increase in revenues for the year, driven by the expansion of the FARA program.

• Textron Systems achieved a 13.5% segment profit margin and secured multiple contracts, including a $960 million contract from the Naval Sea Systems Command.

• The company is projecting a 7% revenue growth for 2025, with expected revenues of about $14.7 billion and adjusted EPS in the range of $6 to $6.20.