Honeywell Overdelivers On Sales, Announces Four Acquisitions In The Fourth Quarter; Issues 2021 Guidance

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Honeywell (HON) Tops Q4 EPS by 7c, Revenues Beat; Offers FY21 EPS/Revenue Guidance

January 29, 2021 7:00 AM EST

Honeywell (NYSE: HON) reported Q4 EPS of $2.07, $0.07 better than the analyst estimate of $2.00. Revenue for the quarter came in at $8.9 billion versus the consensus estimate of $8.4 billion.

Reported Fourth Quarter Earnings Per Share of $1.91 and Adjusted EPS¹ of $2.07, Above High End of GuidanceDelivered Fourth Quarter Operating Cash Flow of $2.8 Billion, Conversion of 205%, and Free Cash Flow of $2.5 Billion, Adjusted Conversion² of 170%Completed Three M&A Deals Aligned to Key Growth Vectors and Announced Agreement to Acquire Sparta Systems for $1.3 BillionExpect 2021 Earnings Per Share of $7.60 - $8.00, Up 13% - 19%, 7% - 13%... More