- Company News: Honeywell (HON) quarterly earnings beat analysts’ forecast
Market news
1 February 2019
Company News: Honeywell (HON) quarterly earnings beat analysts’ forecast
Honeywell (HON) reported Q4 FY 2018 earnings of $1.91 per share (versus $1.85 in Q4 FY 2017), beating analysts’ consensus estimate of $1.89.
The company’s quarterly revenues amounted to $9.729 bln (-10.3% y/y), generally in line with analysts’ consensus estimate of $9.722 bln.
The company also issued downside guidance for FY 2019, projecting revenues of $36.0-36.9 bln versus analysts’ consensus estimate of $37.12 bln.
HON rose to $145.72 (+1.46%) in pre-market trading.
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