Company News: Honeywell (HON) Q3 profit beats expectations

Market news

16 October 2015

Company News: Honeywell (HON) Q3 profit beats expectations

Honeywell reported Q3 earnings of $1.57 per share (+6.8% y/y), beating analysts' consensus of $1.55.

The company's revenues amounted to $9.611 bln (-4.9% y/y), missing consensus estimate of $9.847 bln.

Honeywell expects FY15 EPS of $6.10 (in-line with consensus) and revenues of $38.7 bln (below consensus of $39.22 bln).

HON fell to $98.00 (-0.51%) in pre-market trading.

Canada: Manufacturing Shipments (MoM), August -0.2% (forecast -1%)

Foreign exchange market. European session: the euro traded lower against the U.S. dollar on the weak economic data from the Eurozone

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