Honeywell (HON) Tops Q3 EPS by 4c, Revenues Miss; Offers Updated FY18 EPS/Revenue Guidance
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Honeywell Delivers Third-Quarter Reported Sales Growth Of 6%, Operating Cash Flow Growth Of 33%
October 19, 2018 6:30 AM EDTMORRIS PLAINS, N.J., Oct. 19, 2018 /PRNewswire/ -- Honeywell (NYSE: HON) today announced financial results for the third quarter of 2018 and revised its full-year 2018 guidance to reflect the impact of the spin-offs.
"Honeywell continued to build on its strong first-half performance, delivering exceptional results across the board. Organic sales were up 7 percent driven by continued double-digit growth in our warehouse automation business; strong growth across the Aerospace business; demand for Solstice® low global-warming materials and short-cycle Process Solutions software and services; and continued momentum in Homes and ADI global distribution. The increased... More
