Honeywell reported a 7% increase in fourth-quarter sales to $10.1 billion, with organic sales up 2%, exceeding previous guidance. Earnings per share were $1.96, and adjusted earnings per share was $2.47, also exceeding guidance. The company's backlog grew 11% to a record $35.3 billion.
Honeywell reported a 6% increase in sales and a 3% increase in organic sales year-over-year. Adjusted earnings per share increased by 8% year over year. The company has also updated its full-year sales, segment margin, adjusted earnings per share, and cash flow guidance.
Honeywell reported a 5% increase in sales to $9.6 billion and an 8% increase in adjusted earnings per share to $2.49, exceeding guidance. The company updated its full-year outlook, expecting sales between $39.1 billion and $39.7 billion and adjusted EPS between $10.05 and $10.25.
Honeywell reported a strong start to 2024 with sales of $9.1 billion, up 3% year-over-year. The company's backlog increased by 6% to $32.0 billion, and earnings per share reached $2.23, while adjusted earnings per share was $2.25, exceeding previous guidance.
Honeywell reported a 3% increase in fourth-quarter sales and a 2% organic sales growth, driven by double-digit growth in commercial aviation. The company's performance met or exceeded original full-year guidance, with adjusted earnings per share at $2.60, up 3% year over year.
Honeywell reported a 3% year-over-year sales increase and a 2% organic sales growth, driven by double-digit growth in commercial aviation, defense and space, and process solutions. The company's operating margin expanded by 140 basis points to 20.9%, with segment margin up 80 basis points to 22.6%. Earnings per share was $2.27, and orders increased by 10%, boosting backlog to a record $31.4 billion.
Honeywell announced strong second-quarter results, meeting or exceeding guidance. The company reported a 2% increase in sales and a 3% increase in organic sales, driven by double-digit growth in commercial aerospace, process solutions, and UOP. The company raised its full-year organic growth, segment margin, and adjusted EPS guidance ranges.
Honeywell reported strong first-quarter results, exceeding guidance on all metrics. Sales reached $8.9 billion, up 6% reported and 8% organically. The company raised its full-year sales, segment margin, and adjusted EPS guidance. Backlog increased to a record $30.3 billion, and the acquisition of Compressor Controls Corporation was announced.
Honeywell announced Q4 2022 results with a 6% increase in sales and a 10% organic sales growth. The company reported EPS of $1.51 and adjusted EPS of $2.52. Honeywell's backlog reached $29.6 billion, up 7% year over year.
Honeywell's Q3 2022 results showcased strong performance, exceeding guidance for segment margin and earnings. The company reported a 6% increase in sales and a 9% organic growth. As a result of the company's third-quarter performance and management's outlook for the remainder of the year, full-year sales are now expected to be in the range of $35.4 billion to $35.7 billion.
Honeywell announced strong second-quarter results, exceeding guidance for sales and earnings. Organic sales grew by 4%, and adjusted earnings per share were $2.10, up 4% year over year. The company raised the low end of its full-year organic growth and adjusted EPS guidance ranges and raised its full-year segment margin guidance range.
Honeywell announced strong first-quarter results, meeting or exceeding guidance despite a challenging operating environment. The company reported a 1% increase in organic sales and an adjusted EPS of $1.91, exceeding the high end of the guidance range. As a result, Honeywell raised the midpoint of its full-year sales guidance and increased its full-year adjusted earnings per share guidance.
Honeywell announced Q4 2021 results, reporting sales of $8.7 billion and adjusted EPS of $2.09, exceeding expectations despite supply-related constraints and other challenges. The company's backlog increased to $28 billion, and it issued 2022 guidance, projecting sales growth and margin expansion.
Honeywell announced strong Q3 2021 results, with sales up 9% and organic sales up 8%. The company expanded its operating margin by 180 basis points and segment margin by 130 basis points. Adjusted earnings per share reached $2.02, a 29% increase year-over-year. The company has updated its full-year guidance to reflect the persistent effects of the macro-challenged environment as well as the third-quarter results.
Honeywell reported strong second-quarter results with sales up 18% and organic sales up 15%. The company raised its full-year sales, segment margin, adjusted earnings per share, and cash flow guidance. Adjusted earnings per share increased by 60% year over year, and free cash flow reached $1.5 billion.
Honeywell's Q1 2021 results exceeded expectations with sales of $8.5 billion, flat year-over-year, and adjusted EPS of $1.92, surpassing the high end of guidance. The company raised its full-year sales guidance and the midpoint of its adjusted EPS and cash flow guidance, driven by strong performance in Warehouse and Workflow Solutions and personal protective equipment businesses.
Honeywell announced results for the fourth quarter and full year 2020 that exceeded investor expectations, as well as its outlook for 2021. The company reported a fourth-quarter year-over-year sales decline of 6%, down 7% on an organic basis.
Honeywell reported a year-over-year sales decline of 14% but demonstrated sequential improvements in sales growth, margin expansion, and adjusted earnings per share. The company focused on cost management, delivering over $450 million in savings during the quarter.
Honeywell reported a challenging second quarter due to the COVID-19 pandemic and oil price volatility, with sales down 19% and adjusted earnings per share of $1.26. The company focused on cost management, sales growth in strong demand areas, and investments in new technologies. They delivered $500 million in cost savings and funded over $250 million of repositioning. Honeywell also issued $3 billion of bonds and reduced their term loan from $6 billion to $3 billion, ending the quarter with $15.1 billion in cash and short-term investments.
Honeywell announced strong earnings growth for the first quarter of 2020 despite significant impacts from the COVID-19 pandemic. The company reported first-quarter earnings per share of $2.21, above guidance, operating profit growth of 3%, segment profit growth of 2%, and segment margin expansion of 140 basis points.
Honeywell announced strong Q4 2019 results with organic sales up 2% and adjusted EPS of $2.06, up 11% ex-spins. The company expanded operating margin by 220 basis points and segment margin by 130 basis points. They generated over $2 billion in cash during the quarter and expect 2020 earnings per share of $8.60 - $9.00.