Honeywell (HON) Tops Q1 EPS by 8c, Beats on Revenue; Offers FY Guidance
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HONEYWELL DELIVERS STRONG FIRST QUARTER RESULTS AND BEATS EARNINGS GUIDANCE
April 25, 2024 6:00 AM EDTSales of $9.1 Billion, Reported and Organic1 Sales Up 3%Operating Margin Up 130 Basis Points to 20.4%; Segment Margin1 Up 20 Basis Points to 22.2%Earnings Per Share of $2.23 and Adjusted Earnings Per Share1 of $2.25, Above High End of Previous GuidanceBacklog Up 6% Year Over Year to $32.0 Billion on $10.2 Billion in OrdersDeployed $1.6 Billion of Capital to Dividends, Share Repurchases, and Capital Expenditures
CHARLOTTE, N.C., April 25,... More
