Why Honeywell Stock Is Under Pressure Today
Honeywell(HON) The Motley Fool·2024-04-25 18:09The company's long-awaited recovery might take a quarter longer than hoped.Honeywell International (HON -0.87%) delivered a solid quarter, but the company's guidance suggests investors might have to wait for growth. Shares of the industrial conglomerate traded down as much as 3% post-earnings, and were down slightly as of 1 p.m. ET on Thursday.Strength in part of the businessHoneywell, a manufacturer of industrial, aerospace, and automation products, earned $2.25 per share in the first quarter on revenue of ...