Honeywell Reports Strong Fourth Quarter And 2017 Results, Raises 2018 Guidance To Reflect Lower Tax Rate

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Go back to Honeywell Reports Strong Fourth Quarter And 2017 Results, Raises 2018 Guidance To Reflect Lower Tax Rate

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