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.
Honeywell International (HON) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
There's still plenty of time for opportunistic income investors to take advantage of both lifts.
HON is set to supply the U.S. Army with its Next Gen APN-209 system that will boost the safety, reliability and operational capability of military aircraft.