Textron Inc (NYSE:TXT)
$ 77.24 0.8 (1.05%) Market Cap: 14.33 Bil Enterprise Value: 16.56 Bil PE Ratio: 16.93 PB Ratio: 2.06 GF Score: 82/100

Q3 2023 Textron Inc Earnings Call Transcript

Oct 26, 2023 / 12:00PM GMT
Release Date Price: $76.02 (+2.23%)
Operator

Ladies and gentlemen, thank you for standing by. Welcome to the Q3 2023 Textron Earnings Release Call. (Operator Instructions) As a reminder, this conference is being recorded.

I would now like to turn the conference over to Eric Salander, Vice President of Investor Relations. Please go ahead.

Eric Salander
Textron Inc. - VP of IR & Treasurer

Thanks, Leah, 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 $3.3 billion, up $265 million last year's third quarter. Segment profit in the quarter was $332 million, up $60 million from the third quarter of

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