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Honeywell Raises Q2 Sales Outlook From $9.2B - $9.5B To $9.3B - $9.6B (Est $9.341B), Adjusted EPS From $2.25 - $2.35 To $2.35 - $2.45 (Est $2.32)

Author: Benzinga Newsdesk | June 03, 2024 07:19am

Honeywell also updated its second-quarter sales, segment margin, and adjusted earnings per share guidance. Second-quarter sales are expected to be $9.3 billion to $9.6 billion, with organic sales growth of 1% to 4%. Segment margin is expected to be 22.7% to 23.1%, down 40 basis points to flat compared to the prior year period. Adjusted earnings per share is expected to be in the range of $2.35 to $2.45, up 2% to 7% compared to the prior year.

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