Honeywell Tightens FY23 Outlook: Sees Revenue Of $36.8B - $37.1B ($36.7B - $37.3B Prior) Vs. $36.95B, Adj. EPS Of $9.10 - $9.20 ($9.05 - $9.25 Prior) Vs. $9.15 Prior
Portfolio Pulse from Benzinga Newsdesk
Honeywell has revised its FY23 outlook, now expecting revenue of $36.8B - $37.1B, down from the previous estimate of $36.7B - $37.3B. The company also adjusted its EPS forecast to $9.10 - $9.20, slightly lower than the previous range of $9.05 - $9.25.
October 26, 2023 | 10:09 am
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Honeywell's revised FY23 outlook indicates a slight decrease in both revenue and EPS estimates. This could potentially impact the company's stock price.
Honeywell's revised outlook for FY23 shows a slight decrease in both revenue and EPS estimates. This could be perceived negatively by investors, potentially leading to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100