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Honeywell Cuts Adj. EPS, Sales Outlook For Q4, FY25 Due To Advanced Materials Spin-off; Stock Down
RTTNews· 2025-12-22 11:51
Honeywell International Inc. (HON) on Monday trimmed its outlook for fourth-quarter and fiscal 2025 adjusted earnings per share and sales to exclude Advanced Materials, following its spin-off on October 30.In the pre-market activity on the Nasdaq, Honeywell shares were losing around 2.6 percent to trade at $194.01.In addition, Honeywell said it expects its previously disclosed Flexjet-related litigation matters to result in a one-time charge in the fourth quarter. Any potential settlements of these litigat ...