Honeywell Misses Profit Forecast Due to Iran War Impact, Stock Drops
Honeywell (HON) stock fell 2% as the company missed its second-quarter profit forecast, citing the impact of the Middle East war. Revenue projections for the quarter were below expectations, with free cash flow down year-over-year due to timing of collections affected by the conflict.
Tickers: $HON
Topics: Honeywell M&A Activity Middle East War Impact Q1 Revenue Spin-off Stock Price Drop