Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; thermal systems; and connected solutions and data services for aftermarket, as well as wireless connectivity and management services. The company's Honeywell Building Technologies segment offers software applications for building control and optimization; sensors, switches, control systems, and instruments for energy management; access control; video surveillance; fire products; remote patient monitoring systems; e-cooling heat transfer agents; and installation and upgrades of systems. Its Performance Materials and Technologies segment offers automation control, instrumentation, and software and related services; catalysts and adsorbents, equipment, and consulting; and materials to manufacture end products, such as bullet-resistant armor, nylon, computer chips, and pharmaceutical packaging, as well as Honeywell forge connected solutions. The company's Safety and Productivity Solutions segment provides personal protection equipment, apparel, gear, and footwear; gas detection technology; cloud-based notification and emergency messaging; mobile devices and software; supply chain and warehouse automation equipment, and software solutions; custom-engineered sensors, switches, and controls; and data and asset management productivity software solutions. It has strategic alliances with DENSO Corporation, Signify, and IDEMIA Group, S.A.S. The company was incorporated in 1985 and is headquartered in Charlotte, North Carolina.
IPO Year:
Exchange: NYSE
Website: honeywell.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/28/2024 | Outperform → Peer Perform | Wolfe Research | |
| 10/25/2024 | $223.00 → $217.00 | Outperform → Neutral | Robert W. Baird |
| 10/24/2024 | $250.00 → $230.00 | Buy → Neutral | BofA Securities |
| 10/10/2024 | $225.00 → $235.00 | Overweight → Neutral | JP Morgan |
| 9/6/2024 | $210.00 | Equal-Weight | Morgan Stanley |
| 4/16/2024 | $227.00 → $215.00 | Buy → Hold | Deutsche Bank |
| 3/6/2024 | $195.00 → $240.00 | Hold → Buy | Berenberg |
| 1/4/2023 | $220.00 → $193.00 | Buy → Sell | UBS |
| 10/31/2022 | $206.00 → $194.00 | Outperform → Neutral | Daiwa Securities |
| 7/11/2022 | $210.00 | Neutral → Buy | BofA Securities |
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Discloses More Than $5 Billion Investment Calls for Honeywell to Separate Into Two Industry-Leading Independent Companies Sees 51-75% Share-Price Upside Over Next Two Years Full Letter Available at ElliottLetters.com WEST PALM BEACH, Fla., Nov. 12, 2024 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott"), which manages funds that together have made an investment of more than $5 billion in Honeywell International Inc. (NYSE:HON) (the "Company" or "Honeywell"), today sent a letter to its Board of Directors calling for a simplification of Honeywell's conglomerate structure.
CHARLOTTE, N.C., Nov. 1, 2024 /PRNewswire/ -- Honeywell (NASDAQ:HON) today announced its participation at upcoming investor conferences in the fourth quarter. Ken West, President and Chief Executive Officer of Honeywell Energy and Sustainability Solutions, will present at the Baird Global Industrials Conference in Chicago, Illinois on Tuesday, November 12, 2024, from 7:20 a.m. - 7:50 a.m. CST (8:20 a.m. - 8:50 a.m. EST).Billal Hammoud, President and Chief Executive Officer of Honeywell Building Automation, will present at the Goldman Sachs Industrials and Materials Conference
Sales of $9.7 Billion, Reported Sales Up 6%, Organic1 Sales Up 3%Operating Margin of 19.1% and Segment Margin1 of 23.6%, Above High End of Previous GuidanceEarnings Per Share of $2.16 and Adjusted Earnings Per Share1 of $2.58, Above High End of Previous GuidanceClosed $1.9 Billion Acquisition of CAES Systems and $1.8 Billion Acquisition of Air Products' LNG BusinessAnnounced Intention to Spin Off Advanced Materials Business and Exit PPE BusinessCHARLOTTE, N.C., Oct. 24, 2024 /PRNewswire/ -- Honeywell (NASDAQ:HON) today announced results for the third quarter, including segment margin1 and adjusted earnings per share1 that exceeded the company's guidance despite lower revenues in a challengin
Google Cloud AI to enhance Honeywell's product offerings and help upskill the industrial workforce New solutions will connect to enterprise-wide industrial data from Honeywell Forge, a leading IoT platform for industrials CHARLOTTE, N.C. and SUNNYVALE, Calif., Oct. 21, 2024 /PRNewswire/ -- Honeywell (NASDAQ:HON) and Google Cloud announced a unique collaboration connecting artificial intelligence (AI) agents with assets, people and processes to accelerate safer, autonomous operations for the industrial sector. This partnership will bring together the multimodality and natural l
33rd annual Global Business Aviation Outlook projects 8,500 new business jet deliveries valued at $280 billion over the next decadePurchase plans indicate that demand for new aircraft is normalizing at an elevated level, significantly above pre-pandemic figuresAircraft utilization is projected to increase with vast majority of operators planning on flying more or the same as they did this yearLAS VEGAS, Oct. 20, 2024 /PRNewswire/ -- Honeywell (NASDAQ:HON) today published its 33rd annual Global Business Aviation Outlook, which provides unique insights into current industry trends as well as longer-cycle developments and is informed by extensive surveys of business aviation operators across th
PHOENIX, Oct. 14, 2024 /PRNewswire/ -- Honeywell (Nasdaq: HON) has been awarded a $103 million contract by the U.S. Army, through the Defense Logistics Agency, to provide its Next-Generation APN-209 Radar Altimeter (Next Gen APN-209) system on a wide variety of Army aircraft. This contract underscores Honeywell's ongoing commitment to delivering advanced, reliable technology to support U.S. Army missions. It also supports Honeywell's alignment of its portfolio to three powerful megatrends, including the future of aviation. Honeywell's new APN-209 Radar Altimeter system is a d
HOUSTON, Oct. 9, 2024 /PRNewswire/ -- Honeywell (NASDAQ:HON) and Qualcomm Technologies, Inc. today announced an expanded collaboration to develop new artificial intelligence (AI)-enabled solutions for the energy sector. The design and development of these solutions with Qualcomm Technologies supports Honeywell's alignment of its portfolio to three compelling megatrends, including automation. Through the collaboration, Honeywell intends to incorporate Qualcomm Technologies' connectivity and AI capabilities into Its existing AI-powered applications, such as the Honeywell Field P
Premier Industrial Cybersecurity Conference Offers 75+ Sessions and Hands-On Training to Tackle Critical Infrastructure Cyber Threats SecurityWeek will host its 2024 Industrial Control Systems (ICS) Cybersecurity Conference from October 21 – 24, 2024 at the InterContinental Atlanta Buckhead. With 75+ sessions over three days, the conference brings together hundreds of critical infrastructure stakeholders to explore cutting-edge strategies and solutions to fortify operational technology (OT) environments and enhance resilience against cyber threats. Now in its 23rd year, the conference is known for its powerful community of cybersecurity experts, researchers, engineers, and OT asset owner
Independent company to be a leading provider of sustainability-focused specialty chemicals and materials with approximately $3.8 billion of revenue and an EBITDA margin greater than 25% expected in FY24Advanced Materials portfolio includes leading brands such as Solstice®, Spectra®, Hydranal® and Aclar®, among othersHoneywell continues to simplify and optimize its portfolio around three compelling megatrends: automation, the future of aviation and energy transitionTax-free spin to shareowners targeted to be completed by the end of 2025 or early 2026CHARLOTTE, N.C., Oct. 8, 2024 /PRNewswire/ -- Honeywell (NASDAQ:HON) today announced a plan to spin off its Advanced Materials business into an i
Collaboration aims to enhance refining operations and workforce with advanced AI-Assisted technologies, including a new generation of alarm management solutions HOUSTON, Oct. 1, 2024 /PRNewswire/ -- Honeywell (NASDAQ:HON) today announced a strategic collaboration with Chevron (NYSE:CVX) to develop advanced artificial intelligence (AI)-Assisted solutions to help operators make decisions to enhance efficiency for refining processes and improve safety within the industrial automation space. These are among the new AI solutions Honeywell launched today to assist and help improve o
Sales of $9.7 Billion, Reported Sales Up 6%, Organic1 Sales Up 3%Operating Margin of 19.1% and Segment Margin1 of 23.6%, Above High End of Previous GuidanceEarnings Per Share of $2.16 and Adjusted Earnings Per Share1 of $2.58, Above High End of Previous GuidanceClosed $1.9 Billion Acquisition of CAES Systems and $1.8 Billion Acquisition of Air Products' LNG BusinessAnnounced Intention to Spin Off Advanced Materials Business and Exit PPE BusinessCHARLOTTE, N.C., Oct. 24, 2024 /PRNewswire/ -- Honeywell (NASDAQ:HON) today announced results for the third quarter, including segment margin1 and adjusted earnings per share1 that exceeded the company's guidance despite lower revenues in a challengin
Independent company to be a leading provider of sustainability-focused specialty chemicals and materials with approximately $3.8 billion of revenue and an EBITDA margin greater than 25% expected in FY24Advanced Materials portfolio includes leading brands such as Solstice®, Spectra®, Hydranal® and Aclar®, among othersHoneywell continues to simplify and optimize its portfolio around three compelling megatrends: automation, the future of aviation and energy transitionTax-free spin to shareowners targeted to be completed by the end of 2025 or early 2026CHARLOTTE, N.C., Oct. 8, 2024 /PRNewswire/ -- Honeywell (NASDAQ:HON) today announced a plan to spin off its Advanced Materials business into an i
CHARLOTTE, N.C., Sept. 27, 2024 /PRNewswire/ -- Honeywell (NASDAQ:HON) today announced that its Board of Directors has approved an increase in the company's regular annual cash dividend from $4.32 to $4.52 per share. The increase will be effective starting with the fourth-quarter dividend of $1.13 per share, which was declared today, and is payable on December 6, 2024, out of surplus to holders of record at the close of business on November 15, 2024. "By further aligning our portfolio with the three compelling megatrends – automation, the future of aviation, and the energy tra
CHARLOTTE, N.C., Sept. 26, 2024 /PRNewswire/ -- Honeywell (NASDAQ:HON) will issue its third quarter financial results before the opening of the Nasdaq Stock Market on Thursday, October 24. The company will also hold a conference call at 8:30 a.m. EDT. Presentation Materials / Webcast Details A real-time audio webcast of the presentation can be accessed at http://www.honeywell.com/investor, where related materials will be posted prior to the presentation and a replay of the webcast will be available for 30 days following the presentation. Honeywell is an integrated operating c
CHARLOTTE, N.C., July 26, 2024 /PRNewswire/ -- Honeywell (NASDAQ:HON) today announced that its Board of Directors has declared a quarterly dividend payment of $1.08 per share on the Company's common stock. The dividend is payable on September 6, 2024, out of surplus to holders of record at the close of business on August 16, 2024. Honeywell is an integrated operating company serving a broad range of industries and geographies around the world. Our business is aligned with three powerful megatrends – automation, the future of aviation and energy transition – underpinned by our
Sales of $9.6 Billion, Reported Sales Up 5%, Organic1 Sales Up 4%, Achieving the High End of Previous GuidanceEarnings Per Share of $2.36 and Adjusted Earnings Per Share1 of $2.49, Above High End of Previous GuidanceOrders Up 4%, Led by Strength in Our Building Automation and Energy and Sustainability Solutions BusinessesDeployed $6.4 Billion of Capital to M&A, Dividends, Share Repurchases, and Capital Expenditures, Including Closing the $5 Billion Acquisition of Access Solutions, and Announcing the $1.9 Billion Acquisition of CAES Systems Holdings and the $1.8 Billion Acquisition of Air Products' LNG BusinessCHARLOTTE, N.C., July 25, 2024 /PRNewswire/ -- Honeywell (NASDAQ:HON) today announc
CHARLOTTE, N.C., June 27, 2024 /PRNewswire/ -- Honeywell (NASDAQ:HON) will issue its second quarter financial results before the opening of the Nasdaq Stock Market on Thursday, July 25. The company will also hold a conference call at 8:30 a.m. EDT. Presentation Materials / Webcast Details A real-time audio webcast of the presentation can be accessed at http://www.honeywell.com/investor, where related materials will be posted prior to the presentation and a replay of the webcast will be available for 30 days following the presentation. Honeywell is an integrated operating comp
$4.95 Billion Acquisition Bolsters Honeywell's Strategic Alignment to the Automation Megatrend, Underpinned by DigitalizationPositions Honeywell as a Leading Provider of Security Solutions in a Digital AgeEnhances Honeywell's Building Automation Segment, Adding an Accretive Growth and Margin BusinessCHARLOTTE, N.C., June 3, 2024 /PRNewswire/ -- Honeywell (NASDAQ:HON) today announced the completion of its acquisition of Carrier Global Corporation's (NYSE:CARR) Global Access Solutions business for $4.95 billion. The deal positions Honeywell as a leading provider of security solutions for the digital age with opportunities for accelerated innovation in the fast-growing, cloud-based services and
CHARLOTTE, N.C., April 29, 2024 /PRNewswire/ -- Honeywell (NASDAQ:HON) today announced that its Board of Directors has declared a quarterly dividend payment of $1.08 per share on the Company's common stock. The dividend is payable on June 7, 2024, out of surplus to holders of record at the close of business on May 17, 2024. Honeywell is an integrated operating company serving a broad range of industries and geographies around the world. Our business is aligned with three powerful megatrends – automation, the future of aviation and energy transition – underpinned by our Honeywe
Sales of $9.1 Billion, Reported and Organic1 Sales Up 3%Operating Margin Up 130 Basis Points to 20.4%; Segment Margin1 Up 20 Basis Points to 22.2%Earnings Per Share of $2.23 and Adjusted Earnings Per Share1 of $2.25, Above High End of Previous GuidanceBacklog Up 6% Year Over Year to $32.0 Billion on $10.2 Billion in OrdersDeployed $1.6 Billion of Capital to Dividends, Share Repurchases, and Capital ExpendituresCHARLOTTE, N.C., April 25, 2024 /PRNewswire/ -- Honeywell (NASDAQ:HON) today announced results for the first quarter that met or exceeded the company's guidance. The company also reiterated its full-year sales, segment margin2, adjusted earnings per share2,3, and cash flow guidance ran
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CHARLOTTE, N.C., Nov. 28, 2023 /PRNewswire/ -- Honeywell (NASDAQ:HON) announced today that its board of directors has elected Michael W. Lamach, 60, former executive chair of Trane Technologies plc, to its board of directors as an independent director and Audit Committee member, effective December 1, 2023. Lamach served as executive chair of Trane Technologies from July 2021 until his retirement in December 2021, having previously served as both chairman and chief executive officer following the company's February 2020 separation from Ingersoll-Rand plc. After joining Ingers
Janus International Group, Inc. (NYSE:JBI) ("Janus" or the "Company"), a leading provider of cutting-edge access control technologies and building product solutions for the self-storage and other commercial and industrial sectors, today announced the appointment of Roger Fradin to the position of Vice Chairman of the Board of Directors, effective July 5, 2023. Mr. Fradin, who has served as a director of Janus since 2021, has over 40 years of experience acquiring, building and leading a diverse set of industrial technology businesses. Mr. Fradin's previous roles include President and Chief Executive Officer of the Security and Fire Solutions segment of Pittway Corporation, President and Ch
-- Kapur's Track Record and Operational Expertise Positions Honeywell for the Next Level of Outperformance Versus Peers -- Under Adamczyk's Leadership, Honeywell Continued to Outperform Market and Peers, Growing Market Capitalization from $88 Billion in 2016 to $145 Billion in 2022, a 9% CAGR -- Thoughtful Succession Plan Positions Honeywell for Seamless Leadership Transition CHARLOTTE, N.C., March 14, 2023 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced that Vimal Kapur, President and Chief Operating Officer, will succeed Darius Adamczyk as Chief Executive Officer on June 1, 2023. Adamczyk, who became Chief Operating Officer in 2016, Chief Executive Officer in 2017 and Chairman in 2
Brings over two decades of global experience in innovating and commercializing building technologies to the rapidly expanding Nokē™ Smart Entry business Janus International Group, Inc. (NYSE:JBI) ("Janus" or the "Company"), a leading provider of cutting-edge access control technologies and building product solutions for the self-storage and other commercial and industrial sectors, today announced the appointment of Alessandro Araldi as President of Nokē, Inc. ("Nokē") and Janus Corporate Strategy. He will report directly to Janus's CEO, Ramey Jackson. Mr. Araldi will be responsible for Janus's Nokē business, including the strategic, operational, and commercial advancement of its Nokē™ Smar
MESA, Ariz., Dec. 16, 2022 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ:VRRM), a leading provider of smart mobility technology solutions, announced today the appointment of Jon Keyser as Executive Vice President and Chief Legal Officer, effective December 19, 2022. Mr. Keyser joins Verra Mobility from Honeywell International Inc. (NASDAQ:HON), where he served as Vice President and General Counsel for Honeywell's Performance Materials and Technology (PMT) business division. Honeywell PMT is a $10 billion annual revenue science, technology and ESG-oriented business that de
CHARLOTTE, N.C., Sept. 1, 2022 /PRNewswire/ -- Honeywell (NASDAQ:HON) announced today that its board of directors has elected Robin Watson, 55, former Chief Executive Officer (CEO) of John Wood Group PLC, to its board of directors as an independent director. Watson was appointed CEO of Wood in 2016 after serving as both chief operating officer and an executive member of the Wood Group Board of Directors since 2013. During his tenure as CEO, Watson led the transformation of Wood from an oil field services company to an integrated engineering and consultancy company, spanning a
Reaffirms Full Year 2022 Financial Guidance Janus International Group, Inc. (NYSE:JBI) ("Janus" or the "Company"), a leading provider of cutting-edge access control technologies and building product solutions for the self-storage and other commercial and industrial sectors, today announced the appointment of Anselm Wong as Executive Vice President and CFO, effective July 1, 2022. He will report directly to CEO Ramey Jackson. Wong will bring his 25 years of experience in finance leadership and strategy roles to oversee Janus's finance organization, including financial planning and analysis, accounting and reporting, internal audit, corporate development, and investor relations. Mr. Wong ha
Eikon Therapeutics Inc., a California-based biotechnology company that applies advanced engineering and high-performance computing to the identification of important new medicines, today announced the appointment of Robin L. Washington as an independent director effective May 12, 2022. Ms. Washington is among the most experienced business leaders in the biopharmaceutical and technology industries, having served as Chief Financial Officer at Gilead, Inc. from 2008 until 2019, managing global finance, investor relations, facilities and operations, and information technology during a period when corporate revenue grew by more than six-fold. This press release features multimedia. View the full
TEL AVIV, Israel, March 1, 2022 /PRNewswire/ -- AirEye, the leader in Network Airspace Control and Protection (NACP) solutions, announced today the appointment of Rich Mason, formerly Vice President & Chief Security Officer of Fortune 100 manufacturing conglomerate Honeywell (NASDAQ:HON), to the company's CISO Advisory Board. Mason, an experienced executive security leader with 20+ years in the industry, joins AirEye as it works to implement NACP for enterprises across industries. "I'm thrilled to team up with a company that has not only adeptly defined an increasingly pervasi
CHARLOTTE, N.C., Jan. 18, 2022 /PRNewswire/ -- Honeywell (NASDAQ:HON) announced today that its board of directors has elected Rose Lee, 56, president and CEO of Cornerstone Building Brands, to its board of directors as an independent director. Lee has extensive environmental, social and governance (ESG) experience and has served as president, chief executive officer, and a member of the board of directors of Cornerstone Building Brands since September 2021. Cornerstone Building Brands is a leading manufacturer of exterior building products in North America. Lee is also a membe
Wolfe Research downgraded Honeywell from Outperform to Peer Perform
Robert W. Baird downgraded Honeywell from Outperform to Neutral and set a new price target of $217.00 from $223.00 previously
BofA Securities downgraded Honeywell from Buy to Neutral and set a new price target of $230.00 from $250.00 previously
JP Morgan downgraded Honeywell from Overweight to Neutral and set a new price target of $235.00 from $225.00 previously
Morgan Stanley initiated coverage of Honeywell with a rating of Equal-Weight and set a new price target of $210.00
Deutsche Bank downgraded Honeywell from Buy to Hold and set a new price target of $215.00 from $227.00 previously
Berenberg upgraded Honeywell from Hold to Buy and set a new price target of $240.00 from $195.00 previously
UBS downgraded Honeywell from Buy to Sell and set a new price target of $193.00 from $220.00 previously
Daiwa Securities downgraded Honeywell from Outperform to Neutral and set a new price target of $194.00 from $206.00 previously
BofA Securities upgraded Honeywell from Neutral to Buy and set a new price target of $210.00
U.S. stocks traded mixed this morning, with the Dow Jones gaining over 200 points on Thursday. Following the market opening Thursday, the Dow traded up 0.53% to 40,064.06 while the NASDAQ fell 1.25% to 17,124.88. The S&P 500 also fell, dropping, 0.38% to 5,406.26. Check This Out: Jim Cramer: This Tech Stock Is ‘Absolutely Terrific,’ But Jumia? It’s Not Making A Lot Of Money Leading and Lagging SectorsReal estate shares jumped by 1.4% on Wednesday. In trading on Wednesday, information technology shares fell by 2.5%. Top Headline Honeywell International Inc. (NASDAQ:HON) reported second-quarter results and lowered FY24 EPS guidance. Adjusted EPS was $2.49 (+8% Y/Y), beat
U.S. stock futures were lower this morning, with the Nasdaq futures dipping around 0.5% on Thursday. Shares of Ford Motor Company (NYSE:F) fell sharply in today's pre-market trading following a second-quarter earnings miss. Ford reported second-quarter revenue of $47.8 billion, up 6% year-over-year. The revenue beat a Street consensus estimate of $44 billion according to data from Benzinga Pro. The company reported quarterly earnings per share of 47 cents, missing a Street consensus estimate of 68 cents. Ford Motor shares dipped 13% to $11.90 in the pre-market trading session. Here are some big stocks recording losses in today's pre-market trading session. Edwards Lifescience
Honeywell International Inc. (NASDAQ:HON) shares are trading lower after the company reported second-quarter results and lowered FY24 EPS guidance. Revenue grew 5% Y/Y (organic: +4% Y/Y) to $9.58 billion, beating the consensus of $9.41 billion. The sales increase was attributed to double-digit organic sales growth in defense and space, commercial aviation, and building solutions. Adjusted EPS was $2.49 (+8% Y/Y), beating the consensus of $2.42. Sales by Segments: Aerospace Technologies $3.89 billion (+16% Y/Y), Industrial Automation $2.51 billion (-8% Y/Y), Building Automation $1.57 billion (+4% Y/Y) and Energy and Sustainability Solutions $1.60 billion (+2% Y/Y). Operating ma
TABLE 1: FULL-YEAR 2024 GUIDANCE2 Previous Guidance Current TABLE 1: FULL-YEAR 2024 GUIDANCE2 Previous Guidance Current Guidance Sales $38.5B - $39.3B $39.1B - $39.7B Organic1 Growth 4% - 6% 5% - 6% Segment Margin 23.8% - 24.1% 23.3% - 23.5% Expansion Up 30 - 60 bps Down 20 - Flat bps Adjusted Earnings Per Share3 $10.15 - $10.45
Sentiment continues to be jittery, with the major index futures priming for a lower opening on Thursday as traders look ahead to the first read of second-quarter GDP data and more earnings. The tech space could once again drag the broader market after a few disappointing earnings reports from the likes of Franco-Italian chipmaker STMicroelectronics N.V. (NYSE:STM), which predominantly supplies to the automotive end market, and semiconductor test-equipment company Teradyne, Inc. (NASDAQ:TER). Traders may also stay glued to second-quarter GDP data to confirm the slowdown suggested by some recent data does not point to a hard landing. That said, bond yields are dipping as the market, factori
TABLE 1: FULL-YEAR 2024 GUIDANCE2 Previous Guidance Current Guidance Sales $38.5B - $39.3B $39.1B - $39.7B Organic1 Growth 4% - 6% 5% - 6% Segment Margin 23.8% - 24.1% 23.3% - 23.5% Expansion Up 30 - 60 bps Down 20 - Flat bps Adjusted Earnings Per Share3 $10.15 - $10.45 $10.05 - $10.25 Adjusted Earnings Growth3
Honeywell Intl (NASDAQ:HON) reported quarterly earnings of $2.49 per share which beat the analyst consensus estimate of $2.42 by 2.89 percent. This is a 11.66 percent increase over earnings of $2.23 per share from the same period last year. The company reported quarterly sales of $9.577 billion which beat the analyst consensus estimate of $9.411 billion by 1.76 percent. This is a 4.71 percent increase over sales of $9.146 billion the same period last year.
The CNN Money Fear and Greed index showed a decline in the overall market sentiment, with the index remaining in the “Neutral” zone on Wednesday. U.S. stocks closed lower on Wednesday, with the S&P 500 and the Nasdaq Composite recording their worst day since 2022. Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) shares fell 5% on Wednesday despite the company reporting upbeat earnings and sales results for its second quarter. Shares of Tesla Inc. (NASDAQ:TSLA) dipped 12.3% after the company reported weaker-than-expected earnings for its second quarter, while sales topped estimates. On the economic data front, the S&P Global composite PMI climbed to 55.0 in July from 54.8 in the prior mont
With U.S. stock futures trading higher this morning on Thursday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Honeywell International Inc. (NASDAQ:HON) to report quarterly earnings at $2.42 per share on revenue of $9.41 billion before the opening bell. Honeywell shares gained 0.5% to $214.80 in after-hours trading, according to data from Benzinga Pro. AstraZeneca PLC (NASDAQ:AZN) posted better-than-expected revenue for its second quarter and increased its sales and profit guidance for 2024. AstraZeneca shares fell 0.3% to $79.46 in the after-hours trading session. Analysts are expecting Northrop Grumman Corporation (NYSE:NOC) to post qua