Honeywell(US:HON) The Motley Foolยท2025-04-29 15:08Core Insights - Honeywell International reported first-quarter earnings of $2.51 per share on revenue of $9.8 billion, exceeding Wall Street expectations of $2.21 per share and $9.6 billion in sales [2] - The company raised its full-year profit forecast, reflecting optimism despite challenges from tariffs and economic uncertainty [3][5] Financial Performance - Earnings increased by 7% year over year, while revenue grew by 8%, including contributions from acquisitions [2] - The company's backlog rose by 8%, driven by strong performance in building automation and energy sectors [2] Market Outlook - Honeywell maintains its full-year growth guidance and has slightly raised its earnings outlook, anticipating a net impact of approximately $500 million from tariffs, which it aims to offset through pricing strategies [3][5] - CEO Vimal Kapur acknowledged the uncertain global demand environment but emphasized the company's commitment to delivering results for customers and shareholders [4] Strategic Changes - Honeywell plans to separate into three streamlined businesses by the end of 2026, focusing on aerospace, automation, and advanced materials [6] - This restructuring could present a favorable investment opportunity for those interested in the individual business units [6]