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.
Sales reached $9.6 billion, with a 5% reported increase and a 4% organic increase, achieving the high end of previous guidance.
Earnings per share were $2.36, and adjusted earnings per share was $2.49, exceeding the high end of previous guidance.
Orders increased by 4%, driven by strength in Building Automation and Energy and Sustainability Solutions businesses.
Deployed $6.4 billion of capital to M&A, dividends, share repurchases, and capital expenditures, including the acquisition of Access Solutions.
Honeywell updated its full-year sales, segment margin, adjusted earnings per share, and cash flow guidance.
Visualization of income flow from segment revenue to net income
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