Market Overview

Honeywell International: Q3 Earnings Insights

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Shares of Honeywell International (NYSE:HON) decreased 0.9% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share were down 25.00% over the past year to $1.56, which beat the estimate of $1.49.

Revenue of $7,797,000,000 decreased by 14.19% year over year, which beat the estimate of $7,650,000,000.

Outlook

The upcoming fiscal year's EPS expected to be between $7.00 and $7.05.

The upcoming fiscal year's revenue expected to be between $31,900,000,000 and $32,200,000,000.

Details Of The Call

Date: Oct 30, 2020

Time: 08:30 AM

ET Webcast URL: https://honeywell.webcasts.com/starthere.jsp?ei=1372727&tp_key=9dbb7297af

Price Action

Company's 52-week high was at $184.06

Company's 52-week low was at $101.08

Price action over last quarter: Up 9.15%

Company Description

Honeywell traces its roots to inventor Albert Butz's company, the Butz-Thermo Electric Regulator Co. in 1885, which produced a predecessor to the modern thermostat. From its origins developing climate control technology, which still operates today, Honeywell has emerged as a sprawling conglomerate with operations that span the globe. Today, it operates through four business segments--aerospace, building technologies, performance materials and technologies, and safety and productivity solutions--increasingly transforming itself into a software-industrial company serving diverse end markets like the U.S. defense, e-commerce, and oil and gas industries.

 

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Posted-In: Earnings News