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Honeywell Q2 Earnings - Honeywell Intl (NASDAQ:HON)
UNITED STATES, JUL 24 – Honeywell raised its 2025 earnings and revenue forecasts after Q2 sales rose 8.1% to $10.35 billion, driven by a 10.7% increase in aerospace division sales, company data shows.
- On Thursday, Honeywell International Inc. reported Q2 results that beat expectations and raised its full-year outlook amid portfolio transformation.
- After pressure from activist investor Elliott Management, Vimal Kapur is streamlining the portfolio by planning a spin-off of the aerospace business while retaining automation segments.
- Adjusted EPS rose 10.4% to $2.75, exceeding estimates of $2.66, according to LSEG; revenue in the quarter rose 8.1% to $10.35 billion, topping expectations of $10.07 billion, per market data service; organic sales growth advanced 5%, more than double FactSet’s 2.4% forecast.
- In premarket trading, shares rose 1.5%, with Jeff Marks calling the prior 5% drop 'disrespectful'.
- For 2025, the company now expects 2025 adjusted profit per share of $10.45–$10.65 and revenue of $40.8–$41.3 billion.
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Honeywell raises 2025 forecasts on sustained demand for aerospace parts, services
By Utkarsh Shetti (Reuters) -Honeywell raised its annual forecasts after beating Wall Street expectations for second-quarter results on Thursday, buoyed by strong demand for its aerospace parts and maintenance services. Shares of the company rose 1.5% in premarket trading. The company, which supplies avionics and flight control systems to Boeing and Airbus, has benefited from rising demand as planemakers ramp production after long delays due to …
Coverage Details
Total News Sources10
Leaning Left1Leaning Right1Center5Last UpdatedBias Distribution71% Center
Bias Distribution
- 71% of the sources are Center
71% Center
14%
C 71%
14%
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