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Shares of Honeywell International (NASDAQ:HON) were flat in pre-market trading after the company reported Q2 results.
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Quarterly Results
Earnings per share rose 60.32% year over year to $2.02, which beat the estimate of $1.94.
Revenue of $8,808,000,000 higher by 17.80% from the same period last year, which beat the estimate of $8,630,000,000.
Guidance
The upcoming fiscal year's EPS expected to be between $7.95 and $8.10.
The upcoming fiscal year's revenue expected to be between $34,600,000,000 and $35,200,000,000.
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Conference Call Details
Date: Jul 23, 2021
Time: 08:30 AM
ET Webcast URL: https://honeywell.webcasts.com/starthere.jsp?ei=1481017&tp_key=f9ce9f4a95
Recent Stock Performance
52-week high: $234.25
Company's 52-week low was at $146.21
Price action over last quarter: Up 5.09%
Company Profile
Honeywell traces its roots to 1885 with Albert Butz's firm, Butz-Thermo Electric Regulator, which produced a predecessor to the modern thermostat. Today, Honeywell is a global multi-industry behemoth with one of the largest installed bases of equipment. The firm operates through four business segments, including aerospace, building technologies, performance materials and technologies, and safety and productivity solutions. In recent years, the firm has made several portfolio changes, including the addition of Intelligrated in 2016, as well as the spins of Garrett Technologies and Resideo in 2018. In 2019, the firm launched Honeywell Forge, its enterprise performance management software solution that leverages the firm's domain expertise in buildings, airlines, and critical infrastructure.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.