Honeywell (HON) Tops Q4 EPS by 1c; Guides
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HONEYWELL DELIVERS STRONG FOURTH QUARTER RESULTS, FULL YEAR SEGMENT MARGIN AND EARNINGS ABOVE HIGH END OF INITIAL GUIDANCE DESPITE SIGNIFICANT HEADWINDS; ISSUES 2023 GUIDANCE
February 2, 2023 6:30 AM ESTFourth Quarter Sales of $9.2 Billion, Reported Sales Up 6%, Organic1 Sales Up 10%Fourth Quarter Earnings Per Share of $1.51 and Adjusted Earnings Per Share1 of $2.52, Above Midpoint of Previous GuidanceFull Year Operating Cash Flow of $5.3 Billion and Free Cash Flow1 of $4.9 Billion, at Midpoint of Previous Guidance Deployed $7.9 Billion of Capital to Share Repurchases, Dividends, Capital Expenditures, and M&A in 2022, Exceeded Commitment of $4.0 Billion in Share RepurchasesExpect 2023 Adjusted Earnings Per Share of $8.80 - $9.20, Up 0% - 5% Adjusted2,3, or Up 7% - 11% Excluding Pension... More

