Honeywell – Honeywell Reports Third Quarter Results; Updates 2024 Guidance

October 24, 2024
Honeywell

  • Sales of $9.7 Billion, Reported Sales Up 6%, Organic1 Sales Up 3%
  • Operating Margin of 19.1% and Segment Margin1 of 23.6%, Above High End of Previous Guidance
  • Earnings Per Share of $2.16 and Adjusted Earnings Per Share1 of $2.58, Above High End of Previous Guidance
  • Closed $1.9 Billion Acquisition of CAES Systems and $1.8 Billion Acquisition of Air Products’ LNG Business
  • Announced Intention to Spin Off Advanced Materials Business and Exit PPE Business

 

CHARLOTTE, N.C., Oct. 24, 2024 /PRNewswire/ — Honeywell (NASDAQ: HON) today announced results for the third quarter, including segment margin1 and adjusted earnings per share1 that exceeded the company’s guidance despite lower revenues in a challenging operating environment.

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