Fourth Quarter Earnings Per Share of $1.91 and Adjusted Earnings Per Share1 of $2.60, Above Midpoint of Previous Guidance Fourth Quarter Sales of $9.4 Billion, Reported Sales Up 3%, Organic1 Sales Up 2% Full Year Operating Cash Flow of $5.3 Billion and Free Cash Flow1 of $4.3B, at High End of Previous Guidance Deployed $8.3 Billion of Capital to Share Repurchases, Dividends, Capital Expenditures, and M&A in 2023 Expect 2024 Adjusted Earnings Per Share2,3 of $9.80 - $10.10, Up 7% - 10% Vimal Kapur to Becom ...

Kapur to commence new role, effective June 2024 Ayer, former Chair and CEO of Alaska Airlines, to succeed D. Scott Davis as Independent Lead Director, effective May 2024 Executive Chairman Darius Adamczyk to step down from the board, effective June 2024 CHARLOTTE, N.C., Feb. 1, 2024 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced that its Board of Directors has elected CEO Vimal Kapur to take on the additional role of chairman when current executive chairman Darius Adamczyk retires from the board ...

CHARLOTTE, N.C., Jan. 30, 2024 /PRNewswire/ -- Honeywell (NASDAQ: HON) announced today it will hold its 2024 Annual Shareowners Meeting at 10:30 a.m. EDT on May 14, 2024, in a virtual format at http://www.virtualshareholdermeeting.com/HON2024. Shareowners of record at the close of business on Friday, March 22, 2024 will be entitled to vote at the meeting. About HoneywellHoneywell is an integrated operating company serving a broad range of industries and geographies around the world.  Our business is aligned ...

Honeywell International Inc. (HON) is likely to witness top-and-bottom-line growth when it reports fourth-quarter 2023 results on Feb 1 before the opening bell. The Zacks Consensus Estimate for revenues is pegged at $9,703 million, which suggests growth of 5.6% from the prior-year quarter’s reported figure.The consensus mark for earnings is pinned at $2.60 per share, which has improved by a penny in the past 60 days. The figure indicates a jump of 3.2% from the figure reported in the prior-year quarter. The ...

The latest trading session saw Honeywell International Inc. (HON) ending at $199.87, denoting a -1.51% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a gain of 0.08% for the day. Elsewhere, the Dow saw a downswing of 0.26%, while the tech-heavy Nasdaq appreciated by 0.36%.The the stock of company has fallen by 2.45% in the past month, leading the Conglomerates sector's loss of 5.42% and undershooting the S&P 500's gain of 2.4%.Investors will be eagerly watching f ...

Honeywell International Inc. (HON) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this company have returned -2.5% over the past month versus the Zacks S&P 500 composite's +2.4% change. The Zacks Diversified Operations industry, to which Honeywell International Inc. belongs, has lost 5.4% over this period. Now the key question is: Where could the stock be headed in the near ...

Honeywell now surpasses 50 licenses for its renewable fuel processing solutionsCHARLOTTE, N.C., Jan. 24, 2024 /PRNewswire/ -- Honeywell (Nasdaq: HON) announced that Acelen Renewables has selected its Ecofining™ technology to help support the efficient production of a targeted 20,000 barrels per day of sustainable aviation fuel (SAF) and renewable diesel. The fuels will be processed at Acelen's facility in Bahia, Brazil, from a blend of inedible seed and waste oils. With this agreement, Acelen Renewables bec ...

There's a case for arguing that Honeywell International (HON 0.33%) is a victim of its success, and that success is creating pressure on management to change its strategy. While it may sound like an oxymoron to change a winning strategy, shareholders always want improvement, and the company's lofty valuation rating means management is under pressure to generate more value for investors. But does it all add up to make the stock worth buying this year?Honeywell's valuation "problem"The industrial conglomerate ...

Honeywell International Inc. (HON) closed the most recent trading day at $201.10, moving -0.28% from the previous trading session. This move lagged the S&P 500's daily gain of 0.08%. At the same time, the Dow lost 0.31%, and the tech-heavy Nasdaq gained 0.02%.Shares of the company witnessed a loss of 0.86% over the previous month, beating the performance of the Conglomerates sector with its loss of 1.33% and underperforming the S&P 500's gain of 3.52%.Market participants will be closely following the financ ...

Quantum computing has become a term that many of us are familiar with despite being unaware of what it means for a rapidly growing technological landscape or why it’s important. In a nutshell, quantum computing has the power to take processing beyond their binary bit-based frameworks that rely on the use of 0 or 1. Instead, it uses ‘qubits’ to deliver parallel processing and generate a near-infinite number of outcomes for a single input. While quantum computing is nothing new, the recent generative artifici ...