Honeywell (HON) reported Q1 FY 2018 earnings of $1.95 per share (versus $1.66 in Q1 FY 2017), beating analysts' consensus estimate of $1.90.

The company's quarterly revenues amounted to $10.392 bln (+9.5% y/y), beating analysts' consensus estimate of $10.028 bln.

The company raised FY2018 EPS guidance to $7.85-8.05 from $7.75-8.00 (versus analysts' consensus estimate of $7.95) and increased FY 2018 revenues guidance to $42.7-43.5 bln from $41.8-42.5 bln (versus analysts' consensus estimate of $42.23 bln).

For Q2, the company projects EPS of $1.97-2.03 versus analysts' consensus estimate of $2.00 and revenues of $10.7-10.8 bln versus analysts' consensus estimate of $10.6 bln.

HON rose to $150.50 (+1.60%) in pre-market trading.