Honeywell sees full year and fourth quarter earnings at top end of guidance range
"Honeywell expects another year of high-quality earnings growth in 2018", said chief executive Darius Adamczyk
Company
NYSE:HON
Honeywell International Inc is a software-industrial company that provides technology solutions. The Company operates through four segments: Aerospace, Honeywell Building Technologies, Performance Materials and Technologies, and Safety and Productivity Solutions.
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"Honeywell expects another year of high-quality earnings growth in 2018", said chief executive Darius Adamczyk
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Separately, the company said it is raising its 2017 earnings-per-share outlook to US$7.05 to US$7.10 from US$7.00 to US$7.10
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Honeywell’s net income fell by 13.4% to US$1.03bn, or US$1.34 per share for the quarter to December 31, on flat revenues of US$9.99bn.
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One of the largest engineering mergers ever seen has been put on hold after United Technologies rejected a merger with rival Honeywell (NYSE:HON) on competition concerns.
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