Honeywell (HON) Tops Q3 EPS by 1c, Reaffirms Guidance

Go back to Honeywell (HON) Tops Q3 EPS by 1c, Reaffirms Guidance

Honeywell Delivers Earnings Per Share of $1.75 and Sales of $10.1 Billion

October 20, 2017 6:30 AM EDT

MORRIS PLAINS, N.J., Oct. 20, 2017 /PRNewswire/ -- Honeywell (NYSE: HON) today announced financial results for the third quarter of 2017.

"Honeywell delivered another quarter of high-quality financial results, with organic growth of five percent, segment margin expansion of 120 basis points, and earnings per share of $1.75, up 16 percent2 year-over-year," said Darius Adamczyk, President and Chief Executive Officer of Honeywell. "This was a standout quarter for us when it comes to organic growth. Our Aerospace aftermarket business grew more than seven percent, our warehouse automation business continued to grow at a double-digit pace, and there was broad strength across... More