Although the revenue and EPS for Honeywell International (HON) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Honeywell International (HON) shares declined Thursday after the aviation and safety equipment manufacturer missed sales estimates and lowered its revenue guidance as demand for its industrial automation products slumped.
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Honeywell International Inc. (HON) came out with quarterly earnings of $2.58 per share, beating the Zacks Consensus Estimate of $2.50 per share. This compares to earnings of $2.27 per share a year ago.
Honeywell International Inc.'s stock fell 2.5% early Thursday, after the aerospace and technology company missed third-quarter sales estimates and lowered its guidance, offsetting a profit beat.
Honeywell reports third-quarter adjusted earnings of $2.58 a share, better than Wall Street estimates of $2.51.
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HON's third-quarter results are likely to reflect gains from strength across its businesses. Weakness in the warehouse automation market and high costs are likely to have been spoilsports.
Get a deeper insight into the potential performance of Honeywell International (HON) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
The industrial conglomerate's shareholders will have to wait to see the full results of its restructuring.
In the most recent trading session, Honeywell International Inc. (HON) closed at $222.02, indicating a +1.13% shift from the previous trading day.