Honeywell Intl Q1 2024 Adj EPS $2.25 Beats $2.17 Estimate, Sales $9.105B Beat $9.030B Estimate
Portfolio Pulse from Benzinga Newsdesk
Honeywell International Inc. (HON) reported Q1 2024 adjusted earnings per share (EPS) of $2.25, surpassing the analyst consensus estimate of $2.17 by 3.69%. Quarterly sales reached $9.105 billion, exceeding expectations of $9.030 billion by 0.83%. These figures represent a 1.35% increase in EPS and a 2.72% increase in sales compared to the same period last year.
April 25, 2024 | 10:02 am
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Honeywell Intl reported a Q1 2024 EPS of $2.25, beating estimates, and sales of $9.105B, also above expectations. This indicates a positive performance trend.
Beating both EPS and sales estimates typically leads to positive investor sentiment and can result in a short-term stock price increase. The reported growth over the previous year further strengthens the case for a positive impact.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100