- Company News: Honeywell (HON) quarterly results beat analysts’ expectations
Market news
20 July 2018
Company News: Honeywell (HON) quarterly results beat analysts’ expectations
Honeywell (HON) reported Q2 FY 2018 earnings of $2.12 per share (versus $1.80 in Q2 FY 2017), beating analysts' consensus estimate of $2.01.
The company's quarterly revenues amounted to $10.919 bln (+8.3% y/y), beating analysts' consensus estimate of $10.801 bln.
The company also raised guidance for FY 2018, projecting EPS of $8.05-8.15 (versus analysts' consensus estimate of $8.02 and its prior guidance of $8.05-8.15) and revenues $43.1-43.6 bln (versus analysts' consensus estimate of $43.14 bln and its prior guidance of $42.7-43.5 bln).
HON rose to $152.00 (+3.02%) in pre-market trading.
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