Honeywell (HON) Tops Q1 EPS by 4c

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Go back to Honeywell (HON) Tops Q1 EPS by 4c

Honeywell Delivers $1.71 Earnings Per Share, Up 10 Percent

April 21, 2017 6:30 AM EDT

MORRIS PLAINS, N.J., April 21, 2017 /PRNewswire/ -- Honeywell (NYSE: HON) today announced financial results for the first quarter of 2017 and updated its full-year 2017 earnings guidance.

"Honeywell reported a strong start to 2017, with over 2 percent organic sales growth, 70 basis points of segment margin expansion, and free cash flow of nearly $800 million that was more than six times greater than 2016. Our strong operational performance resulted in reported earnings per share of $1.71. Normalizing for tax, earnings per share was $1.66, or 2 cents above the high-end of our first-quarter guidance and up 11 percent versus last year, excluding divestitures," said Darius... More