|Bid||144.42 x 100|
|Ask||149.85 x 100|
|Day's Range||145.05 - 148.20|
|52 Week Range||129.00 - 165.13|
|PE Ratio (TTM)||68.72|
|Earnings Date||Jul 19, 2018 - Jul 23, 2018|
|Forward Dividend & Yield||2.98 (2.03%)|
|1y Target Est||172.76|
General Electric’s (GE) overall revenues stood at $28.6 billion in 1Q18, exceeding Wall Street’s estimate of $27.4 billion by 4.4%. On a YoY (year-over-year) basis, GE’s revenues in 1Q18 were up 3.6% from $27.6 billion in 1Q17.
General Electric (GE) released its 1Q18 earnings on April 20. On an adjusted basis, the company’s earnings per share (or EPS) came in at $0.16, up 14.0% YoY (year-over-year) from the restated $0.14 in 1Q17. GE surpassed Thomson Reuters–surveyed analysts’ adjusted EPS target of $0.11 by a whopping 41.3%.
SINGAPORE, April 25, 2018 /PRNewswire/ -- Honeywell (HON) today opened its first industrial cyber security center of excellence (CoE) in Asia. The center was developed with the support of the Singapore Economic Development Board (EBD) and designed to help defend the region's industrial manufacturers against evolving cyber security threats. "The only way manufacturers can reap the benefits of digital transformation such as increased uptime and reduced maintenance is if their industrial environments are cyber secure," said Jeff Zindel, vice president and general manager Honeywell Industrial Cyber Security.
The Zacks Analyst Blog Highlights: Johnson & Johnson, Honeywell, Morgan Stanley, Novartis and eBay
Square has leased 13,000 square feet in Atlantic Station. The office, at 271 17th St., can accommodate more than 100 employees.
United Technologies reported better-than-expected Q1 earnings and raised full-year guidance, after GE and Honeywell handily beat estimates on aviation gains.
Revenue growth was driven by organic growth of 2.8%, an acquisition after adjusting to divestitures contributed 0.7%, and favorable foreign currency helped 4.2%. 3M reported adjusted earnings per share of $2.50, which is more or less on the expected lines of the range between $2.50 and $2.51. Plus, as the company reported earlier, 3M settled a lawsuit with the State of Minnesota for $897 million that translates into $1.16 per share.
Honeywell International’s (HON) SPS (Safety and Productivity Solutions) segment is its smallest revenue contributor, accounting for 13.9% of its total revenue in 1Q17 and 1Q18. SPS revenue rose ~9.4% YoY (year-over-year) to $1.5 billion in 1Q18 from $1.3 billion.
Honeywell International’s (HON) PMT (Performance Materials and Technologies) segment accounted for 24.4% of its total revenue in 1Q18, compared with 24.8% in 1Q17, representing a difference of 0.40 percentage points YoY (year-over-year). Between 1Q17 and 1Q18, PMT’s revenue rose 7.7%, from $2.4 billion to $2.5 billion.
Honeywell International’s (HON) Aerospace segment is the company’s most significant revenue contributor. It accounted for 38.3% of the company’s 1Q18 revenue and 37.4% of its 1Q17 revenue, marking a gain of 0.9 percentage points YoY (year-over-year). In 1Q18, the segment’s revenue rose 12.1% YoY to $4.0 billion from $3.6 billion.
Over the last five trading sessions, a stellar performance of the major defense biggies as well as a generous flow of funds from the Pentagon helped the major indices of the Aerospace-Defense industry to end in the green.
Honeywell International (HON) reported revenue of $10.4 billion in 1Q18, marking a 9.5% increase from 1Q17. Honeywell beat analysts’ estimate of $10.0 billion and marked its highest-ever first-quarter revenue. Since 2012, Honeywell’s first quarter revenue has grown at a compound annual rate of 2.2%. Its product sales rose 9.2% in 1Q18, and its service sales rose 10.5%.
MORRIS PLAINS, N.J. , April 23, 2018 /PRNewswire/ -- The Board of Directors of Honeywell (NYSE: HON) has declared a regular quarterly dividend of $0.745 per share on the company's outstanding common stock. ...
U.S. stocks tumbled into the end of the trading week, wiping out much of the gains they had accumulated during a string of upbeat corporate earnings reports. Among the hardest hit in the stock market: Apple, which tumbled following analyst reports that suggested smartphone sales could slow in the coming months. Shares of companies selling consumer goods ranging from laundry detergent to cigarettes also slid, hurt by disappointing results Thursday from Philip Morris International and Procter & Gamble.
General Electric backed earnings and cash-flow guidance Friday after reporting strong Q1 results, bolstering prospects for its dividend.
The technology index (.SPLRCT) was the biggest drag on the S&P 500 with a 1.5 percent drop after registering three straight days of losses ahead of a key earnings week for the sector. "There continues to be some concern over interest rates and their potential impact on equities. The Dow Jones Industrial Average (.DJI) fell 202.09 points, or 0.82 percent, to 24,462.8, the S&P 500 (.SPX) lost 22.98 points, or 0.85 percent, to 2,670.15 and the Nasdaq Composite (.IXIC) dropped 91.93 points, or 1.27 percent, to 7,146.13.
The S&P 500 and Nasdaq traded lower Friday for the second time in five sessions. The Dow Jones Industrial Average declined Friday for the third day in a row. Despite declines Friday, the three U.S. benchmark stock indexes finished higher for the week.
Want to know why the Dow Jones Industrial Average and other major indexes are doing what they're doing? 3:20 p.m. Even a better-than-expected quarter from General Electric (GE) couldn't lift the market from its funk. The Dow Jones Industrial Average has lost 275.32 points, or 1.1%, to 24389.57, while the S&P 500 has slipped 31.13 points, or 1.2%, to 2662, and the Nasdaq Composite tumbled 111.24 points, or 1.5%, to 7126.82.
helped the two industrial giants beat earnings estimates, which bodes well for Lockheed Martin Corp. "Aviation is so powerful that it's lifting all boats," TheStreet founder Jim Cramer said on CNBC Friday while discussing GE's top- and bottom-line beats for the fiscal first quarter. Cramer used to own GE for his Action Alerts PLUS charitable trust before selling the position at the end of February.
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