Honeywell International Inc. Reveals Fall In Q2 Earnings

Honeywell International Inc. (HON) reported a profit for second quarter that decreased from last year.

The company’s profit totaled $1.27 billion, or $1.68 per share. This compares with $1.39 billion, or $1.80 per share, in last year’s second quarter.

Analysts had expected the company to earn $2.01 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 8.3% to $10.92 billion from $10.08 billion last year.

Honeywell International Inc. earnings at a glance:

-Earnings (Q2): $1.27 Bln. vs. $1.39 Bln. last year.
-EPS (Q2): $1.68 vs. $1.80 last year.
-Analysts Estimate: $2.01
-Revenue (Q2): $10.92 Bln vs. $10.08 Bln last year.

Full year EPS guidance: $8.05 – $8.15
Full year revenue guidance: $43.1 – $43.6 Bln

by RTTNews Staff Writer

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