Market Overview

UPDATE: Honeywell Posts Upbeat Q2 Profit

Share:
Related HON
A Peek Into The Markets: U.S. Stock Futures Decline Ahead Of Existing-Home Sales Report
8 Stocks To Watch For October 20, 2017
Texas Capital Bancshares Inc Buys Honeywell International Inc, Raytheon Co, Microsoft Corp, ... (GuruFocus)

Honeywell International (NYSE: HON) reported an 11% rise in its second-quarter net income.

Honeywell's quarterly earnings surged to $902 million, or $1.14 per share, versus $810 million, or $1.02 per share, in the year-ago quarter. Its sales rose to $9.44 billion from $9.09 billion.

Analysts were expecting a profit of $1.11 per share on revenue of $9.56 billion. The company now expects full-year adjusted earnings of $4.40 to $4.55 per share, versus analysts' estimates of $4.49 per share.

Honeywell shares gained 1.49% to $55.35 in pre-market trading.

Posted-In: profitEarnings News Guidance

 

Related Articles (HON)

View Comments and Join the Discussion!
Loading...

Partner Center

Loading...