Honeywell (HON) Tops Q2 EPS by 2c, Bumps Outlook

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Go back to Honeywell (HON) Tops Q2 EPS by 2c, Bumps Outlook

Honeywell Delivers $1.80 Earnings Per Share; Sales of $10.1 Billion Exceeds Guidance

July 21, 2017 6:30 AM EDT

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

"Honeywell's strong performance continued through the second quarter, with over 3% organic sales growth that exceeded the high end of our guidance range, and 50 basis points of segment margin expansion, resulting in second-quarter earnings per share of $1.80," said Darius Adamczyk, President and Chief Executive Officer of Honeywell. "Earnings came in at the high end of our guidance range, up 10% year-over-year. We continued our investments to enhance future profitable growth... More