Honeywell International Inc

NASDAQ:HON  
200.93
+2.42 (+1.22%)
Positive Earnings Pre-Announcement

Honeywell Raises Organic Growth, Segment Margin, And Adjusted EPS Guidance For Full Year

Published: 07/28/2022 10:48 GMT
Honeywell International Inc (HON) - Honeywell Overdelivers on Sales and Earnings With Strong Second Quarter Results; Raises Organic Growth, Segment Margin, and Adjusted EPS Guidance for the Full Year.
Sees FY Sales Up 5 to 7 Percent.
Sees FY Sales $35.5 Billion to $36.1 Billion.
Qtrly Earnings per Share of $1.84, Adjusted Earnings per Share of $2.10.
Qtrly Orders Up 12%; Backlog Up 12% to $29.5 Billion, Led by Our Long-cycle Businesses.
Reported Q2 Organic Sales Growth of 4%, Or 7% Excluding Impact of Lower Covid-mask Volumes, Wind Down of Operations in Russia.
Qtrly Operating Margin Contracted by 20 Basis Points to 17.9% Primarily Due to an Additional Charge Related to Russia.
Sees FY Organic Growth Sales 5% - 7%.
Sees FY Segment Margin 21.3% - 21.7%.
Sees FY Free Cash Flow $4.7b - $5.1b.
Q2 Earnings per Share View $2.03, Revenue View $8.67 Billion -- Refinitiv Ibes Data (analyst estimates).
FY2022 Earnings per Share View $8.68, Revenue View $35.82 Billion -- Refinitiv Ibes Data (analyst estimates).
Remain Confident in Our Demand Outlook for Back Half of Year.
Revenue is expected to be $9 Billion
Adjusted EPS is expected to be $2.17

Next Quarter Revenue Guidance is expected to be $9.4 Billion
Next Quarter EPS Guidance is expected to be $2.52

More details on our Analysts Page.