Exhibit 99 Contacts: Media Investor Relations Stacey Jones Sean Meakim (980) 378-6258 (704) 627-6200 stacey.jones@honeywell.com sean.meakim@honeywell.com HONEYWELL DELIVERS STRONG SECOND QUARTER RESULTS AND BEATS EARNINGS GUIDANCE; UPDATES 2024 OUTLOOK CHARLOTTE, N.C., July 25, 2024 -- Honeywell (NASDAQ: HON) today announced results for the second quarter that met or exceeded the company's guidance. The company also updated its full-year sales, segment margin , adjusted earnings per share , and cash flow gu ...

| --- | --- | --- | --- | |------------------------------|----------|----------|---------| | | 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 | ...

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 ...

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 ...

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 ...

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 ...

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. ...

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 ...

For the annual period, the Zacks Consensus Estimates anticipate earnings of $10.17 per share and a revenue of $38.66 billion, signifying shifts of +11.03% and +5.45%, respectively, from the last year. Investors should also note that HON has a PEG ratio of 2.23 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As the market closed yesterday, the Diversified Operations industry was having an average PEG ratio ...

HON's shares gained 1.9% yesterday to eventually close the trading session at $214.49. The latest buyout is in sync with Honeywell's policy of acquiring businesses to strengthen its business and expand its market share. The inclusion of LNG process technology and equipment business expertise in inhouse design and manufacturing of coil-wound heat exchangers and related equipment portfolio will boost HON's energy transition portfolio. This acquisition will enable Honeywell to offer a comprehensive solution fo ...