Honeywell (HON) Tops Q3 EPS by 8c, Misses on Revenue; Offers FY Guidance
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HONEYWELL REPORTS THIRD QUARTER RESULTS; UPDATES 2024 GUIDANCE
October 24, 2024 6:00 AM EDTSales of $9.7 Billion, Reported Sales Up 6%, Organic1 Sales Up 3%Operating Margin of 19.1% and Segment Margin1 of 23.6%, Above High End of Previous GuidanceEarnings Per Share of $2.16 and Adjusted Earnings Per Share1 of $2.58, Above High End of Previous GuidanceClosed $1.9 Billion Acquisition of CAES Systems and $1.8 Billion Acquisition of Air Products' LNG BusinessAnnounced Intention to Spin Off Advanced Materials Business and Exit PPE... More
