Why Honeywell Stock Is Up Today

Honeywell International (HON 5.53%) reported first-quarter earnings that topped expectations and the company raised its full-year profit forecast. Investors were pleased, sending Honeywell shares up 5% as of 10:30 am ET.Strong results in a tough marketHoneywell, an industrial conglomerate focused on aerospace, automation, and energy, earned $2.51 per share in the first quarter on revenue of$9.8 billion, topping Wall Street's expectation for $2.21 per share in earnings on sales of$9.6 billion. Earnings wer ...