|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||149.12 - 153.99|
|52 Week Range||134.50 - 165.13|
|PE Ratio (TTM)||66.64|
|Earnings Date||Oct 18, 2018 - Oct 22, 2018|
|Forward Dividend & Yield||2.98 (2.01%)|
|1y Target Est||173.59|
Both General Electric (GE) and Honeywell (HON) topped earnings estimates Friday, but the situations behind these two storied firms couldn't be more different. Let's take a closer look at what's going on with these two giants, and see which company is on track for solid growth.
Honeywell International Inc. raised its financial guidance for the year as sales rose in its second quarter, showing the industrial conglomerate continues to benefit from strong demand from customers in aviation, defense and other segments. Executives also played down any impact from tariffs and trade concerns in the company’s earnings call Friday morning, noting Honeywell could have a leg up against competitors given its sources outside of China. Net sales at the New Jersey-based Honeywell rose 8.3% to $10.92 billion in the second quarter from the year-ago period.
Stocks that moved substantially or traded heavily Friday: Microsoft Corp., up $1.87 to $106.27 The technology company had a strong fiscal fourth quarter as its cloud computing business kept growing. Skechers ...
U.S. industrial conglomerate Honeywell International Inc said on Friday it had started sourcing some of its components from countries other than China to counter growing costs related to a tariff war between the world's two largest economies. Honeywell's shares rose as much as 4.4 percent to $153.99 after the company also reported a better-than-expected quarterly profit and raised its 2018 profit forecast for the third time as it benefits from increased demand for aircraft parts and services. The conglomerate said it had boosted prices on some of its products and had locked in purchases of some raw materials and components before new tariffs on imports from China came into effect.
Honeywell (HON) reported its Q2 2018 earnings today, before the market opened. HON’s adjusted EPS rose 18% YoY (year-over-year) to $2.12 from $1.80, beating analysts’ estimate of $2.01 significantly. Its EPS were boosted by higher sales, better operational control over expenses as a percentage of sales, and aggressive share buybacks.
Q2 results continue to heat up at the end of this first full week of earnings season, with GE, State Street, Schlumberger and more reporting results before today's opening bell.
Honeywell (HON) reports solid Q2 earnings, driven by greater operational efficacy, and raises its earnings per share view for 2018 from $7.85-$8.05 per share to $8.05-$8.15 per share.
Among the companies with shares expected to trade actively in Friday's session are Microsoft, General Electric, Honeywell, Capital One and Facebook.
Scott Davis, chief executive officer at Melius Research, examines second-quarter results from General Electric Co. and third-quarter results from Honeywell International Inc. He speaks on "Bloomberg ...
Honeywell (HON) delivered earnings and revenue surprises of 5.47% and 1.33%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
are seeing positive responses to their earnings reports this morning, the market is focused on trade wars once again. The big news in the ongoing battle is that the Chinese have devalued the yuan, pushing the currency to its lowest level in more than a year. It is going to increase the appeal of the goods it exports by lowering prices through devaluing the yuan.
By Ankit Ajmera (Reuters) - Honeywell on Friday reported a higher-than-expected quarterly profit as it sold more aircraft parts and services to business jet and commercial airline customers, prompting the company to raise its 2018 earnings forecast for the third time. Shares of Honeywell, which makes engines for business jets produced by Bombardier and Textron , were up 1.4 percent in premarket trading. "Our long-cycle orders and backlog grew 11 and 14 percent respectively, which positions us well for the rest of 2018 and into 2019," Chief Executive Officer Darius Adamczyk said. ...
Honeywell on Friday reported a higher-than-expected quarterly profit as it sold more aircraft parts and services to business jet and commercial airline customers, prompting the company to raise its 2018 ...
Aerospace and defense company Honeywell Inc.'s shares (hon) rose 3% in premarket trade Friday, after the company beat estimates for the second quarter and raised its guidance for the full year. Honeywell said it had net income of $1.267 billion, or $1.68 a share, in the second quarter, down from $1.392 billion, or $1.80 a share, in the year-earlier period.
NEW YORK, NY / ACCESSWIRE / July 20, 2018 / Honeywell International Inc. (NYSE: HON ) will be discussing their earnings results in their Q2 Earnings Call to be held on July 20, 2018 at 9:30 AM Eastern ...
Honeywell International Inc. jumped the most in more than a year after raising its 2018 profit outlook and citing “widespread growth” throughout its businesses. Second-quarter sales, boosted by higher oil prices, increased U.S. defense spending and a rebound in business jets, rose 8.3 percent to $10.9 billion, according to a company statement Friday. The company lifted its full-year earnings target to a range of $8.05 to $8.15 per share from $7.85 to $8.05.
Yahoo Finance's Alexis Christoforous and Jared Blikre break down the latest market action after Honeywell reported second quarter adjusted earnings per share and revenue that beat Wall Street Expectations.
Jul.20 -- Scott Davis, chief executive officer at Melius Research, examines second-quarter results from General Electric Co. and third-quarter results from Honeywell International Inc. He speaks on "Bloomberg Daybreak: Americas."