Overview

* Honeywell ( HON ) Q3 sales of $10.41 bln beat analyst expectations, up 7% yr/yr

* Adjusted EPS for Q3 was $2.82, exceeding analyst expectations

* Company raises full-year organic growth and adjusted EPS guidance

* Announced new segmentation and simplified structure focused on cohesive business models; e

Outlook

* Honeywell ( HON ) raises full-year 2025 adjusted EPS guidance to $10.60-$10.70

* Company expects full-year sales of $40.7 bln to $40.9 bln

* Spin-off of Solstice Advanced Materials to reduce sales by $0.7 bln

Result Drivers

* AEROSPACE TECHNOLOGIES - Strong performance in commercial aftermarket and defense and space led to 12% organic sales growth

* ORDERS INCREASE - Orders up 22%, driven by Aerospace Technologies and Energy and Sustainability Solutions

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Sales Beat $10.41 $10.14

bln bln (17

Analysts

)

Q3 Beat $2.82 $2.56

Adjusted (18

EPS Analysts

)

Q3 EPS $2.86

Q3 6%

Organic

Growth

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy", 11 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the consumer goods conglomerates peer group is "buy"

* Wall Street's median 12-month price target for Honeywell International Inc ( HON ) is $250.00, about 16.4% above its October 21 closing price of $209.08

* The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 21 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)