Honeywell (HON) Tops Q4 EPS by 2c, FY20 Revenue Guidance Misses Consensus

Honeywell (NYSE: HON) reported Q4 EPS of $2.06, $0.02 better than the analyst estimate of $2.04. Revenue for the quarter came in at $9.5 billion versus the consensus estimate of $9.61 billion.

GUIDANCE:

Honeywell sees Q1 2020 EPS of $8.60-$9.00, versus the consensus of $8.79. Honeywell sees Q1 2020 revenue of $36.7-37.8 billion, versus the consensus of $38.11 billion.

• The company also announced its outlook for 2020. Honeywell expects sales of $36.7 billion to $37.8 billion, representing year-over-year organic growth of 0% to 3%; segment margin expansion of 20 to 50 basis points; earnings per share of $8.60 to $9.00, up 5% to 10% adjusted3; operating cash flow of $6.6 billion to $7.1 billion, and free cash flow of $5.7 billion to $6.2 billion

For earnings history and earnings-related data on Honeywell (HON) click here.

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