Textron Q2 revenue rises 3% to $3.5 billion; adjusted EPS $1.54 vs. $1.46
Textron reported second-quarter 2024 results with total revenues of $3.5 billion, up from $3.4 billion a year earlier, and GAAP income from continuing operations of $1.35 per share versus $1.30. Adjusted EPS rose to $1.54 from $1.46, and the company returned $358 million to shareholders through share repurchases in the quarter, though segment profit fell to $343 million from $352 million.
Key points
- Total revenues were $3,527 million, up from $3,424 million; Textron Aviation and Bell revenue increased while Industrial revenue fell $112 million.
- GAAP EPS from continuing operations was $1.35 versus $1.30; adjusted EPS was $1.54 versus $1.46.
- Segment profit was $343 million versus $352 million a year earlier; Industrial segment profit fell to $42 million from $79 million.
- Net cash from operating activities of the manufacturing group was $383 million, compared with $314 million last year; share repurchases totaled $358 million in the quarter.
The filing
Written by AI on Nov 8, 2026, 1:12 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 18, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.