Honeywell Stock Slides 6% After Earnings Beat Is Offset by Lower Profit Guidance

Dow Jones07-25

Honeywell International Inc.’s stock tumbled 6.4% in premarket trade Thursday, after the aerospace and defense company.

The company had net income of $1.544 billion, or $2.36 a share, for the quarter, up from $1.487 billion, or $2.22 a share, in the year-earlier period. Adjusted for one-time items, the company had EPS of $2.49, ahead of the $2.42 FactSet consensus.

Sales climbed to $9.577 billion from $9.146 billion a year ago, also ahead of the $9.413 billion FactSet consensus.

The company is now expecting full-year sales to range from $39.1 billion to $39.7 billion, up from prior guidance of $38.5 billion to $39.3 billion. But it lowered its full-year adjusted EPS guidance to a range of $10.05 to $10.25, down from prior guidance of $10.15 to $10.45.

The stock has gained 1.9% in the year to date, while the S&P 500 has gained 13.8%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2454370828?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-07-25 18:26","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2454370828","market":"us","top_or_hot":-1,"title":"Honeywell Stock Slides 6% After Earnings Beat Is Offset by Lower Profit Guidance","media":"Dow Jones","content":"<html><head></head><body><p>Honeywell International Inc.’s stock tumbled 6.4% in premarket trade Thursday, after the aerospace and defense company. </p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/eebab8767fd00097b992f30179b01fa4\" tg-width=\"871\" tg-height=\"625\"/></p><p>The company had net income of $1.544 billion, or $2.36 a share, for the quarter, up from $1.487 billion, or $2.22 a share, in the year-earlier period. Adjusted for one-time items, the company had EPS of $2.49, ahead of the $2.42 FactSet consensus. </p><p>Sales climbed to $9.577 billion from $9.146 billion a year ago, also ahead of the $9.413 billion FactSet consensus. </p><p>The company is now expecting full-year sales to range from $39.1 billion to $39.7 billion, up from prior guidance of $38.5 billion to $39.3 billion. But it lowered its full-year adjusted EPS guidance to a range of $10.05 to $10.25, down from prior guidance of $10.15 to $10.45. </p><p>The stock has gained 1.9% in the year to date, while the S&amp;P 500 has gained 13.8%.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Honeywell Stock Slides 6% After Earnings Beat Is Offset by Lower Profit Guidance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHoneywell Stock Slides 6% After Earnings Beat Is Offset by Lower Profit Guidance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-25 18:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Honeywell International Inc.’s stock tumbled 6.4% in premarket trade Thursday, after the aerospace and defense company. The company had net income of $1.544 billion, or $2.36 a share, for the quarter,...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HON","symbol_name":"霍尼韦尔","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2454370828","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2454370828","pubTimestamp":1721903177,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Honeywell International Inc.’s stock tumbled 6.4% in premarket trade Thursday, after the aerospace and defense company. The company had net income of $1.544 billion, or $2.36 a share, for the quarter, up from $1.487 billion, or $2.22 a share, in the year-earlier period. Adjusted for one-time items, the company had EPS of $2.49, ahead of the $2.42 FactSet consensus. Sales climbed to $9.577 billion from $9.146 billion a year ago, also ahead of the $9.413 billion FactSet consensus. The company is n","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"HON":"霍尼韦尔"},"translate_title":"霍尼韦尔股价下跌6%，盈利增长被较低的利润指引所抵消","themeId":"c0d77e622a6742cf8335299f8317b4b4","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HON":1},"content_text":"Honeywell International Inc.’s stock tumbled 6.4% in premarket trade Thursday, after the aerospace and defense company. The company had net income of $1.544 billion, or $2.36 a share, for the quarter, up from $1.487 billion, or $2.22 a share, in the year-earlier period. Adjusted for one-time items, the company had EPS of $2.49, ahead of the $2.42 FactSet consensus. Sales climbed to $9.577 billion from $9.146 billion a year ago, also ahead of the $9.413 billion FactSet consensus. The company is now expecting full-year sales to range from $39.1 billion to $39.7 billion, up from prior guidance of $38.5 billion to $39.3 billion. But it lowered its full-year adjusted EPS guidance to a range of $10.05 to $10.25, down from prior guidance of $10.15 to $10.45. The stock has gained 1.9% in the year to date, while the S&P 500 has gained 13.8%.","kind":"highlight","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2454370828"}