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Honeywell (HON) Tops Q1 EPS by 3c; Updates FY16 Outlook

April 22, 2016 6:37 AM EDT

Honeywell (NYSE: HON) reported Q1 EPS of $1.53, $0.03 better than the analyst estimate of $1.50. Revenue for the quarter came in at $9.52 billion versus the consensus estimate of $9.37 billion.

*Throughout this press release, core organic sales growth refers to reported sales growth less the impacts from foreign currency translation, M&A and raw materials pass-through pricing in the Resins & Chemicals business of PMT. The raw materials pricing impact is excluded in instances where raw materials costs are passed through to customers, which drives fluctuations... More