Honeywell(HON)
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Honeywell(HON) - 2024 Q2 - Quarterly Report
2024-07-25 13:38
The Company values foreign currency exchange contracts, interest rate swap agreements, cross currency swap agreements, and commodity contracts using broker quotations, or market transactions in either the listed or over-the-counter markets. As such, these derivative instruments are classified within level 2. The Company also holds investments in commercial paper, certificates of deposits, time deposits, and corporate debt securities that are designated as available for sale. These investments are valued usi ...
Honeywell International Inc. (HON) Tops Q2 Earnings and Revenue Estimates
ZACKS· 2024-07-25 12:10
Honeywell International Inc. (HON) came out with quarterly earnings of $2.49 per share, beating the Zacks Consensus Estimate of $2.42 per share. This compares to earnings of $2.23 per share a year ago. These figures are adjusted for non-recurring items. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive ...
Honeywell(HON) - 2024 Q2 - Quarterly Results
2024-07-25 10:03
HONEYWELL INTERNATIONAL INC. (Unaudited) (Dollars in tables in millions) SUPPLEMENTAL INFORMATION FOR THE THREE MONTHS ENDED MARCH 31, JUNE 30, SEPTEMBER 30, AND DECEMBER 31, 2023, AND MARCH 31, 2024 RECAST OF SEGMENT PROFIT AND ADJUSTED EARNINGS PER SHARE | | | | | | | | | |-------------------------------------------------------------------------------------------------------|---------------|--------------|-------|--------------|-----|----------|---------------| | | | | | | | | | | share. The following tab ...
HONEYWELL DELIVERS STRONG SECOND QUARTER RESULTS AND BEATS EARNINGS GUIDANCE; UPDATES 2024 OUTLOOK
Prnewswire· 2024-07-25 10:00
| --- | --- | --- | --- | |------------------------------|----------|----------|---------| | | 2Q 2024 | 2Q 2023 | Change | | Sales | $9,577 | $9,146 | 5 % | | Organic1 Growth | | | 4 % | | Operating Income Margin | 20.7 % | 20.6 % | 10 bps | | Segment Profit1 | $2,199 | $2,113 | 4 % | | Segment Margin1 | 23.0 % | 23.1 % | -10 bps | | Earnings Per Share | $2.36 | $2.22 | 6 % | | Adjusted Earnings Per Share1 | $2.49 | $2.30 | 8 % | | Operating Cash Flow | $1,371 | $1,360 | 1 % | | Free Cash Flow1 | $1,112 | ...
Aerospace To Drive Honeywell's Q2?
Forbes· 2024-07-24 15:45
BASILDON, ENGLAND - JANUARY 15: A general exterior view of the logo sign on the Honeywell ... [+] International Inc office building on January 15, 2024 in Basildon, United Kingdom. (Photo by John Keeble/Getty Images) Getty Images In fact, consistently beating the S&P 500 — in good times and bad — has been difficult over recent years for individual stocks; for heavyweights in the Industrials sector including CAT and UNP, and even for the megacap stars GOOG, TSLA, and MSFT. In contrast, the Trefis High Qualit ...
INDUSTRIAL AI UPTAKE IS JUST GETTING STARTED BUT MAJORITY OF SECTOR IS UNCOVERING NEW USE CASES, FINDS HONEYWELL RESEARCH
Prnewswire· 2024-07-23 10:00
CHARLOTTE, N.C., July 23, 2024 /PRNewswire/ -- Honeywell (Nasdaq: HON) today released the findings of its Industrial AI Insights global research study, which captures the state of Artificial Intelligence (AI) in the sector. While only 17% of AI decision makers around the world have fully implemented their initial AI plans, more than 9 in 10 say they are uncovering unexpected new use cases whether they are in the prototyping, launch, or scaling stages of AI implementation. "There is no question that AI is cu ...
Honeywell (HON) Gears Up to Post Q2 Earnings: What to Expect
ZACKS· 2024-07-22 16:45
Strength across Honeywell's commercial aviation aftermarket business, driven by solid demand in the air transport and business aviation markets, is likely to have supplemented the top-line performance of its Aerospace Technologies segment in the second quarter. Also, strength in the company's commercial aviation original equipment business, backed by an improvement in build rates, is likely to have boosted the segment's performance. Solid momentum in the defense and space business, owing to stable U.S. and ...
HONEYWELL SELECTED BY UNITED AIRLINES TO PROVIDE WIDE ARRAY OF COCKPIT TECHNOLOGY FOR NEW 737 MAX AIRCRAFT
Prnewswire· 2024-07-22 07:00
FARNBOROUGH, England, July 22, 2024 /PRNewswire/ -- Honeywell (NASDAQ: HON) has been selected by United Airlines to provide a wide range of avionics for new 737 MAX aircraft that will enter service over the next decade, including technologies such as the industry's only 3D weather radar, new 25-hour flight data recorders and advanced traffic avoidance systems. "We are proud to continue our long-standing relationship with United Airlines to provide advanced avionics for its growing 737 MAX fleet," said Heath ...
Honeywell: The Aerospace, Automation And Renewable Energy Trends Should Unlock Growth (Rating Upgrade)
Seeking Alpha· 2024-07-18 13:22
For the second quarter, analysts expect between $9.3 billion and $9.47 billion in revenues, with a mid-point estimate of $9.42 billion providing 3% growth. The reason sales growth is not extremely high is because the comp is becoming more challenging and some business segments are not expected to perform as strongly. One example is the PPE unit that surged during the pandemic but is now not performing as strongly, and Honeywell is even exploring selling the unit that would be valued in excess of $2 billion. ...
3 Stocks Set for Explosive Growth for the Rest of 2024
Investor Place· 2024-07-15 10:15
Notably, blindly picking high-growth stocks featuring good metrics is not a prudent strategy. This is especially true since growth stocks tend to be more volatile. The potential of riding a growth stock trend improves when a company has delivered consistent growth. While there's no one-size-fits-all answer, growth investing often requires patience. Holding the following three high-growth stocks past this year may allow their growth potential to fully materialize. Source: Shutterstock Kingsale's strategy has ...