Honeywell (HON) Tops Q2 EPS by 7c; Updates Guidance
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HONEYWELL OVERDELIVERS ON SALES AND EARNINGS WITH STRONG SECOND QUARTER RESULTS; RAISES ORGANIC GROWTH, SEGMENT MARGIN, AND ADJUSTED EPS GUIDANCE FOR THE FULL YEAR
July 28, 2022 6:30 AM EDTSales Growth and Margin Expansion in Aerospace, Honeywell Building Technologies, and Performance Materials and TechnologiesReported Sales up 2%, Organic Sales up 4%, Exceeding High End of Guidance RangeEarnings Per Share of $1.84, Adjusted Earnings Per Share1 of $2.10, Exceeding High End of Guidance RangeOrders up 12%; Backlog2 up 12% to $29.5 Billion, Led by Our Long-Cycle BusinessesDeployed $2.3 Billion in Capital, including $1.4 Billion to Share Repurchases
CHARLOTTE, N.C., July 28, 2022 /PRNewswire/ -- Honeywell (NASDAQ:... More
