Tag: $Honeywell

Honeywell International struck a roughly $2.2 billion deal for pump-and-compressor maker Sundyne, extending the company’s brisk pace of dealmaking. 

Industrial conglomerate Honeywell reported Q4 CY2024 results , with sales up 6.9% year on year to $10.09 billion. On the other hand, the company’s full-year revenue guidance of $40.1 billion at the midpoint came in 2.8% below analysts’ estimates. Its non-GAAP profit of $2.47 per share was 6.4% above analysts’ consensus estimates.

Honeywell said on Monday it was considering a plan to separate its high-margin aerospace business, a move backed by activist investor Elliott Investment Management, which has been pushing for the company’s breakup.

Honeywell said on Friday it would sell its personal protective equipment business to Protective Industrial Products for about $1.33 billion in cash.

The industrial conglomerate on Thursday announced third-quarter adjusted earnings per share of $2.58 from sales of $9.7 billion. Wall Street was looking for earnings of $2.51 a share from sales of $9.9 billion.

Shares of industrial firm Honeywell International were rising early Tuesday after the company announced plans to shed a business.

Honeywell has agreed to buy aerospace and defense technology company CAES Systems for $1.9 billion from private equity firm Advent International, it said on Thursday, to give a boost to the manufacturing giant’s aerospace technologies unit.

Industrial firm Honeywell International -1.86% reported third-quarter earnings that beat estimates. Guidance was fine, too.

Oct 15 (Reuters) – Global demand for new business jets is expected to stay strong over the next decade, Honeywell (HON.O) said on Sunday, as the engine maker projected deliveries of about 8,500 new planes through 2033.

Company also says it expects third-quarter earnings per share to fall within or above prior range

Honeywell International second-quarter earnings beat Wall Street expectations and the industrial company raised full-year financial guidance. The stock, however, was down in early trading.