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Honeywell Q2 adj EPS 2.49 usd, up 8% -2-
Now sees FY adj EPS 10.05-10.25 usd (Il Sole 24 Ore Radiocor) - New York, 25 Jul - Honeywell improved its full-year guidance for sales but cut its earnings forecast.
In 2024, sales are now seen reaching 39.1-39.7 billion dollars, against 38.5-39.3 billion in the previous guidance, with organic growth of 5-6%, against the previous estimate of 4-6%.
The segment margin was forecast at 23.3-23.5%, down from the previous estimate of 23.8-24.1%.
Adjusted EPS is now seen reaching 10.05-10.25 dollars, against 10.15-10.45 previously.
The free cash flow is now predicted at 5.5-5.9 billion dollars against 5.6-6.0 billion previously.
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(RADIOCOR) 25-07-24 13:07:15 (0399) 5 NNNN