Honeywell Reports Strong Fourth Quarter And 2017 Results, Raises 2018 Guidance To Reflect Lower Tax Rate
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Honeywell (HON) Tops Q4 EPS by 1c, Raises FY EPS Guidance
January 26, 2018 6:34 AM EST(Updated - January 26, 2018 6:41 AM EST)
Honeywell (NYSE: HON) reported Q4 EPS of $1.85, $0.01 better than the analyst estimate of $1.84. Revenue for the quarter came in at $10.84 billion versus the consensus estimate of $10.75 billion.
GUIDANCE:
Honeywell sees 2018 EPS of $7.75-$8.00, versus the consensus of $7.83. Honeywell sees 2018 revenue of $41.8-42.5 billion, versus the consensus of $42.23 billion.
"Honeywell delivered a strong fourth quarter, capping an exceptional year for the company," said Darius Adamczyk, president and chief executive officer of Honeywell. "Fourth-quarter sales grew six percent organically, leading to full-year organic sales... More
