Honeywell Reports Third Quarter 2015 Sales Of $9.6 Billion; EPS Of $1.60 Per Share; Confirms 2015 EPS Guidance At ~$6.10, Up ~10%

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Cowen Remains bullish on Honeywell (HON) Following 3Q15 EPS Beat

October 16, 2015 9:04 AM EDT

Cowen reiterated an Outperform rating and $116.00 price target on Honeywell International (NYSE: HON) following the company's 3Q15 earnings results. EPS was reported at $1.60 vs. the Street's $1.55 and guided $1.51-1.56 on 1% organic growth.

Analyst Gautam Khanna commented, "Q3 EPS beat on strong execution,... More

Honeywell (HON) Tops Q3 EPS by 5c

October 16, 2015 6:32 AM EDT

(Updated - October 16, 2015 7:49 AM EDT)

(Update corrects revenue result for the quarter.)

Honeywell (NYSE: HON) reported Q3 EPS of $1.60, $0.05 better than the analyst estimate of $1.55. Revenue for the quarter came in at $9.61 billion versus the consensus estimate of $9.85 billion.

"Honeywell delivered another strong quarter of earnings growth and exceptional margin expansion," said Honeywell Chairman and CEO... More