Honeywell(US:HON) RTTNews·2025-12-22 11:51Core Viewpoint - Honeywell International Inc. has revised its fourth-quarter and fiscal 2025 earnings and sales outlook following the spin-off of its Advanced Materials segment, leading to a decline in share price. Group 1: Earnings and Sales Outlook - For the fourth quarter, adjusted earnings per share are now expected to be between $2.48 and $2.58, down from the previous estimate of $2.52 to $2.62 [4] - Adjusted sales are projected to be between $9.8 billion and $10.0 billion, lower than the previous estimate of $10.1 billion to $10.3 billion [4] - For fiscal 2025, adjusted earnings per share are now expected to be between $9.70 and $9.80, reduced from the previous estimate of $10.60 to $10.70 [5] Group 2: Segment Changes and Litigation - The Advanced Materials business will be classified as discontinued operations starting in the fourth quarter of 2025, following the spin-off of Solstice Advanced Materials [3] - Honeywell anticipates a one-time charge related to Flexjet litigation matters in the fourth quarter, with potential cash settlements totaling around $470 million [2] Group 3: Market Expectations - Wall Street analysts expect the company to report earnings of $2.57 per share on sales of $10.19 billion, which typically exclude special items [5] - The company continues to project organic sales growth of 8 percent to 10 percent and a segment margin of 22.5 percent to 22.8 percent for the fourth quarter [5] - Adjusted sales for the year are expected to be between $37.5 billion and $37.7 billion, compared to the previous estimate of $40.7 billion to $40.9 billion [6]