🔹 Adj. EPS: $2.51 (Est. $2.21) 🟢; UP +7% YoY
🔹 Revenue: $9.82B (Est. $9.60B) 🟢; UP +8% YoY
FY25 Outlook:
🔹 Rev: $39.6B–$40.5B (Prior: $39.6B–$40.6B) 😐
🔹 Organic Sales Growth: +2% to +5% (Est. +3.88%) 😐
🔹 Segment Margin: 23.2%–23.5% (Prior: 23.2%–23.6%) 😐
🔹 Adj. EPS: $10.20–$10.50 (Prior: $10.10–$10.50; Est. $10.37) 😐
🔹 Operating Cash Flow: $6.7B–$7.1B
🔹 Free Cash Flow: $5.4B–$5.8B
🔸 Guidance reflects net expected impacts from tariffs, mitigation actions, and global demand uncertainty.
Q1 Operational Metrics:
🔹 Operating Income: $1.97B; UP +6% YoY
🔹 Operating Margin: 20.1% (DOWN -30bps YoY)
🔹 Segment Profit: $2.26B; UP +8% YoY
🔹 Segment Margin: 23.0% (Flat YoY)
🔹 Free Cash Flow: $346M; UP +61% YoY
Q1 Segment Performance:
Aerospace Technologies
🔹 Sales: $4.17B; UP +14% YoY
🔹 Organic Sales Growth: +9% YoY
🔹 Segment Profit: $1.10B; UP +6% YoY
🔹 Segment Margin: 26.3% (DOWN -190bps YoY)
🔸 Strong growth driven by Commercial Aftermarket (+15% YoY) and Defense & Space (+10% YoY).
🔸 Backlog grew +9% YoY with high-single-digit order growth.
Industrial Automation
🔹 Sales: $2.38B; DOWN -4% YoY
🔹 Organic Sales Growth: -2% YoY
🔹 Segment Profit: $424M; DOWN -11% YoY
🔹 Segment Margin: 17.8% (DOWN -130bps YoY)
🔸 Warehouse and workflow solutions returned to growth (+5% YoY).
🔸 Sensing and safety technologies declined due to weaker PPE demand.