Investing.com -- Honeywell International Inc. (NASDAQ: HON) reported first-quarter results that beat earnings expectations but fell short on revenue, sending shares down 5.5% premarket as investors focused on the top-line miss and lowered operating cash flow guidance.

The industrial conglomerate posted adjusted earnings per share of $2.45, exceeding the analyst consensus of $2.32 by $0.13. However, revenue of $9.14 billion missed estimates of $9.28 billion, though it represented a 2% increase from $8.93 billion in the year-ago quarter. The company cited disruptions from the Middle East conflict that impacted collections and delayed some shipments, particularly in its Process Automation and Technology segment.

Honeywell maintained its full-year revenue guidance of $38.8 billion to $39.8 billion and adjusted EPS guidance of $10.35 to $10.65. The midpoint of the revenue guidance at $39.3 billion falls below the analyst consensus of $39.51 billion, while the EPS guidance midpoint of $10.50 is slightly below the $10.52 consensus.

The company reduced its operating cash flow outlook to $4.4 billion to $4.7 billion from a prior range of $4.7 billion to $5.0 billion, while maintaining free cash flow guidance of $5.3 billion to $5.6 billion.

"Honeywell delivered a strong start to the year while navigating a challenging geopolitical environment," said Vimal Kapur, chairman and chief executive officer of Honeywell. "Orders were up 7% with growth in all segments, pushing backlog to over $38 billion, led by buildings and industrial automation."

The company reported segment margin expansion of 90 basis points to 23.3%, driven by pricing actions and earlier-than-expected removal of stranded costs related to the planned Aerospace spin-off. Orders grew 7% organically, leading to a backlog of approximately $38 billion.

Honeywell also announced the sale of its Warehouse and Workflow Solutions business to American Industrial Partners, expected to close in the second half of 2026. The company also updated the expected timing for the Honeywell Aerospace spin-off to June 29, 2026.