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Honeywell Rallies 7% on Earnings Beat — Our Plan Heading Into Next Week's Spin-Off
Summary by CNBC
4 Articles
4 Articles
Honeywell Lifts Outlook as Aerospace Unit Gains Ahead of Breakup
Honeywell International Inc. raised its full-year profit outlook and reported third-quarter earnings that topped Wall Street expectations, boosted by the company’s aerospace unit ahead of a planned breakup.
·United States
Read Full ArticleHoneywell Stock Soars on Q3 Beat and Breakup Plans – What Investors Need to Know
Honeywell Stock Jumps on Earnings Beat Honeywell’s third-quarter report arrived as a positive surprise for investors. The industrial-tech conglomerate beat Wall Street expectations on both revenue and profit, and management struck an upbeat tone by raising full-year guidance. Quarterly sales reached $10.41 billion (up 7% year-on-year), topping analysts’ $10.14 billion forecast, according to LSEG data investing.com. Adjusted earnings of $2.82 per…
Coverage Details
Total News Sources4
Leaning Left1Leaning Right1Center1Last UpdatedBias Distribution34% Left, 33% Center, 33% Right
Bias Distribution
- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
34% Left
L 34%
C 33%
R 33%
Factuality
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