Honeywell Delivers Strong Earnings With 370 Basis Points Of Operating Margin Expansion And 180 Basis Points Of Segment Margin Expansion; Raises 2019 Full-Year Earnings And Margin Guidance(1)

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Go back to Honeywell Delivers Strong Earnings With 370 Basis Points Of Operating Margin Expansion And 180 Basis Points Of Segment Margin Expansion; Raises 2019 Full-Year Earnings And Margin Guidance(1)

Honeywell (HON) Tops Q3 EPS by 7c; Raises FY19 EPS Mid-Point Guidance, Lowers FY19 Revenue Outlook

October 17, 2019 6:37 AM EDT

Honeywell (NYSE: HON) reported Q3 EPS of $2.08, $0.07 better than the analyst estimate of $2.01. Revenue for the quarter came in at $9.09 billion versus the consensus estimate of $9.1 billion.

"We continue to deliver strong results and returns for our shareowners, even with the ongoing uncertainty in the macroeconomic environment," said Darius Adamczyk, chairman and chief executive officer of Honeywell. "We delivered adjusted earnings per share2 of $2.08, up 9%, excluding the impact of the spin-offs2, which was above the high... More