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Honeywell International's Q2 Adjusted Earnings, Sales Rise; 2024 Guidance Adjusted
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Honeywell International's Q2 Adjusted Earnings, Sales Rise; 2024 Guidance Adjusted
Jul 25, 2024 4:16 AM

06:48 AM EDT, 07/25/2024 (MT Newswires) -- Honeywell International ( HON ) reported Q2 adjusted earnings Thursday of $2.49 per diluted share, up from $2.30 a year earlier.

Analysts polled by Capital IQ expected $2.42.

Sales for the quarter ended June 30 were $9.58 billion, up from $9.15 billion a year earlier.

Analysts surveyed by Capital IQ expected $9.42 billion.

The engineering company said it now expects 2024 adjusted EPS of $10.05 to $10.25, down from its prior guidance of $10.15 to $10.45.

Analysts polled by Capital IQ expect $10.26.

Sales for the year are now expected to be $39.10 billion to $39.70 billion, compared with Honeywell's ( HON ) earlier forecast of between $38.50 billion and $39.30 billion.

Analysts surveyed by Capital IQ expect $38.78 billion.

Shares of the company were down 4.6% in recent Thursday premarket activity.

Price: 203.84, Change: -9.81, Percent Change: -4.59

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