Honeywell (HON) Tops Q3 EPS by 4c; narrows outlook
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HONEYWELL DELIVERS STRONG THIRD QUARTER RESULTS AND BEATS EARNINGS GUIDANCE
October 26, 2023 6:00 AM EDTSales of $9.2 Billion, Reported Sales Up 3%, Organic1 Sales Up 2%Orders Up 10%, Backlog Up 8% Year Over Year to a Record Level of $31.4 BillionAerospace Sales Up 18%, Double-Digit Growth in Both Commercial Aviation and Defense and SpaceOperating Margin Up 140 Basis Points to 20.9%; Segment Margin1 Up 80 Basis Points to 22.6%Earnings Per Share of $2.27, Exceeding High End of Guidance RangeDeployed $2.0 Billion of Capital, Including Repurchasing 5.3 Million... More
