Honeywell stock saw a 5% rise on January 29, even though it fell short of revenue targets. The market concentrated on what truly enhances shareholder value: profitability and guidance.
Honeywell International's profit fell in the fourth quarter, hurt by charges tied to its settlement earlier this month with private-jet operator Flexjet, but sales climbed on continued demand.
Honeywell reported a rise in fourth-quarter revenue and profit on Thursday, buoyed by continued strength in its aerospace unit and aftermarket services.
Honeywell reports adjusted fourth-quarter earnings per share of $2.59 from adjusted sales of $10.1 billion. Wall Street was looking for earnings per share of $2.54 from sales of $10 billion.
Fourth Quarter Sales of $9.8 Billion, Up 6%, Adjusted Sales1 of $10.1 Billion, Up 10%, Up 11% Organic1 Fourth Quarter GAAP Earnings Per Share (EPS) of $0.49 and Adjusted EPS1 of $2.59 Fourth Quarter Orders Up 23% Organically, Driving Backlog to Over $37 Billion Expect 2026 Adjusted EPS2,3 of $10.35 - $10.65, Up 6% - 9% Honeywell Aerospace Spin-Off Now Expected in Third Quarter 2026; Leadership ...
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