Textron Inc (MEX:TXT)

MXN 1673.25 0 (0%) Market Cap: 311.13 Bil Enterprise Value: 356.10 Bil PE Ratio: 17.98 PB Ratio: 2.19 GF Score: 77/100

Q2 2023 Textron Inc Earnings Call Transcript

Jul 27, 2023 / 12:00PM GMT

Release Date Price: MXN1140.79

Transcript 10-Q8-K

Operator

Ladies and gentlemen, thank you for standing by. Welcome to the Q2 2023 Textron earnings release. (Operator Instructions) As a reminder, today's conference is being recorded. And I would now like to turn the conference over to our host, Vice President of Investor Relations, Eric Salander. Please go ahead.

Eric Salander

Textron Inc. - VP of IR & Treasurer

Thanks, Kiley, and good morning, everyone. Before we begin, I'd like to mention we will be discussing future estimates and expectations during our call today. These forward-looking statements are subject to various risk factors, which are detailed in our SEC filings and also in today's press release.

On the call today, we have Scott Donnelly, Textron's Chairman and CEO; and Frank Connor, our Chief Financial Officer. Our earnings call presentation can be found in the Investor Relations section of our website. Revenues in the quarter were $3.4 billion, up $270 million from last year's second quarter. Segment profit in the quarter was $352 million, up $71 million from the second quarter of 2022.

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