Honeywell International Reports Q3 Earnings Beat Amid Revenue Miss and Updated Guidance

Honeywell International reported third-quarter non-GAAP earnings per share of $2.27, exceeding analyst expectations by $0.11. However, the company's revenue for the quarter reached $5 billion, representing a significant 51.9% year-over-year decline and missing consensus estimates by approximately $10 million. Despite the quarterly revenue miss, Honeywell has adjusted its long-term outlook, lifting its revenue and earnings guidance for 2026. The company provided specific projections for Q4 2026, forecasting net sales between $1.42 billion and $1.44 billion and non-GAAP EPS in the range of $1.77 to $1.83.

By Manshi Mamtora, CFA, SA News Editor · Seeking Alpha ·

Honeywell International Reports Q3 Earnings Beat Amid Revenue Miss and Updated Guidance

Tickers: $HON

Topics: earnings beat financial results guidance revenue miss

Read the full article at Seeking Alpha

More World news