Honeywell International Inc. Q3 Profit Increases, Beats Estimates

Published 2 weeks ago Positive
Honeywell International Inc. Q3 Profit Increases, Beats Estimates
Auto
(RTTNews) - Honeywell International Inc. (HON) announced a profit for its third quarter that Increased from last year and beat the Street estimates.

The company's bottom line came in at $1.825 billion, or $2.86 per share. This compares with $1.413 billion, or $2.16 per share, last year.

Excluding items, Honeywell International Inc. reported adjusted earnings of $2.82 per share for the period.

Analysts on average had expected the company to earn $2.57 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 7.0% to $10.408 billion from $9.728 billion last year.

Honeywell International Inc. earnings at a glance (GAAP) :

-Earnings: $1.825 Bln. vs. $1.413 Bln. last year. -EPS: $2.86 vs. $2.16 last year. -Revenue: $10.408 Bln vs. $9.728 Bln last year.

-Guidance: Full year EPS guidance: $10.60 - $10.70

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.