Resideo Technologies, Inc. (NYSE: REZI) reported Q3 EPS of $2.53, versus $0.54 reported last year. Revenue for the quarter came in at $1.15 billion versus the consensus estimate of $1.31 billion.

"Resideo had a solid third quarter as part of Honeywell, preceding a successfully executed spinoff," said Mike Nefkens, president and CEO of Resideo. "While our performance has already been released to the market through Honeywell\'s recent earnings as part of their broader segment disclosure, we\'re eager to take this next step as a public company by providing more detail through the earnings process. After listening to feedback from our investors, we've chosen to release our results the evening before our first earnings call to give investors time to review the numbers. We're looking forward to providing additional context around the quarter on our call tomorrow."

"Our performance as part of Honeywell over the past three years demonstrates a well-run business that is on-track to deliver continued growth in 2018 and beyond," continued Nefkens. "Our first priority is to deliver results for our stakeholders, and we\'re inspired by the support and optimism of our customers and suppliers, 150 of whom we celebrated with as we rang the bell recently at the NYSE. As we see the demand for smarter homes on the rise, our long-standing and proven relationships with professional contractors – the 'do it for me channel' where the largest portion of our products are sold – make it much easier for consumers to upgrade to a home that is more efficient, safer, and easier to control. We have 130-years of expertise in homes through our Honeywell heritage, and a clear vision to deliver our next generation growth plan for Resideo. We\'re excited about our future and focused on creating value for our shareholders."

GUIDANCE:

Resideo Technologies, Inc. sees FY2018 revenue of $4.77-4.88 billion, versus the consensus of $5.12 billion.

For earnings history and earnings-related data on Resideo Technologies, Inc. (REZI) click here.