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Honeywell spinoff Solstice sees 2026 profit below estimate as margins remain under pressure
Yahoo Finance· 2026-02-11 11:04
By Arunima Kumar Feb 11 (Reuters) - Solstice Advanced Materials forecast full-year 2026 earnings below market estimates on Wednesday, overshadowing solid ‌fourth-quarter sales growth and continued strength in nuclear and ‌electronic materials. The speciality materials maker that spun off from Honeywell in October expects 2026 ​adjusted earnings per share of $2.45 to $2.75, below analysts' average estimate of $2.93 per share, according to data compiled by LSEG. Solstice expects annual sales of between ...