Honeywell (HON) reported Q1 FY 2021 earnings of $1.92 per share (versus $2.21 per share in Q1 FY 2020), beating analysts’ consensus estimate of $1.79 per share.
The company’s quarterly revenues amounted to $8.454 bln (-0.1% y/y), beating analysts’ consensus estimate of $8.067 bln.
The company also raised its guidance for FY 2021, projecting EPS of $7.75-8.00, up from $7.60-8.00 prior, versus analysts’ consensus estimate of $7.89 and revenues of $34.0-34.8 bln, up from $33.4-34.4 bln prior, versus analysts’ consensus estimate of $34.26 bln.
HON fell to $225.20 (-1.77%) in pre-market trading.