Honeywell earnings beat by $0.08, revenue fell short of estimates

investing.com 24/10/2024 - 10:04 AM

Honeywell Third Quarter Earnings Report

Earnings
Honeywell (NASDAQ: HON) reported third quarter EPS of $2.58, exceeding analyst estimates of $2.50 by $0.08. Revenue for the quarter was $9.7B, slightly below the consensus estimate of $9.91B.

Guidance

Honeywell projects FY 2024 EPS to be between $10.15 and $10.25, compared to the analyst consensus of $10.13.
For FY 2024, the forecasted revenue is between $38.60B and $38.80B, while the consensus stands at $39.20B.

Stock Performance

Honeywell's stock closed at $220.34, with an increase of 8.68% over the last 3 months and 23.72% over the last 12 months.

In the last 90 days, there were 2 positive EPS revisions and 12 negative EPS revisions. For more insights on Honeywell's stock performance, refer to its past reactions to earnings.

According to InvestingPro, Honeywell's Financial Health score is rated as "good performance".

For further details on Honeywell's financials and recent earnings performance, check their updates on Investing.com.

Stay informed about upcoming earnings reports through Investing.com's earnings calendar.




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