Resideo Technologies, Inc. (REZI) Reports Q3 EPS of $2.53, Revenues Miss; Offers FY18 Revenue Guidance Below Consensus

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Resideo Announces Third Quarter 2018 Financial Results

November 13, 2018 4:00 PM EST

AUSTIN, Texas, Nov. 13, 2018 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE: REZI), the recent spinoff from Honeywell that is simplifying the smart home experience, reported financial results for the third quarter of 2018. The results are as of and for the quarter ended Sept. 30, 2018, and derived from the consolidated financial statements and accounting records of its prior parent, Honeywell International Inc. (NYSE: HON). Resideo became a standalone, publicly traded company on Oct. 29, 2018.

"Resideo had a solid third quarter as part of Honeywell, preceding a successfully executed spinoff," said Mike... More