Honeywell (HON) Tops Q4 EPS by 1c, Raises FY EPS Guidance

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Go back to Honeywell (HON) Tops Q4 EPS by 1c, Raises FY EPS Guidance

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

January 26, 2018 6:30 AM EST

MORRIS PLAINS, N.J., Jan. 26, 2018 /PRNewswire/ -- Honeywell (NYSE: HON) today announced financial results for the fourth quarter and full year of 2017, and raised its 2018 earnings2 guidance by 20 cents to a new range of $7.75 - $8.00 to reflect an expected lower tax rate due to the U.S. Tax Cuts and Jobs Act of 2017.

"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 growth of four... More