Honeywell (HON) Q4 Earnings Match Estimates, Increase Y/Y

Honeywell International Inc. (HON) reported fourth-quarter 2023 adjusted earnings of $2.60 per share, which came in line with the Zacks Consensus Estimate. The bottom line inched up 3% year over year on an adjusted basis. On a reported basis, the company’s earnings were $1.91 per share, indicating an increase of 26%.Total revenues of $9,440 million missed the Zacks Consensus Estimate of $9,703 million. However, the top line inched up around 3% from the year-ago quarter. Organic sales increased 2% due to gro ...