Honeywell Technologies Exceeds Expectations and Raises Forecast – All Divisions Grow!
Reading Time: 3 minutes
The newly independent automation company Honeywell Technologies presents its second quarter as an independent firm and once again exceeds expectations. Profits and margins rise significantly, with all three divisions experiencing growth. The management subsequently raises the annual forecast. The stock rises pre-market. Results Above Expectations Honeywell Technologies reports earnings of $2.27 per share for the third quarter, an increase of 34% compared to the previous year, thus surpassing the analyst estimate of $2.17; revenue increased by...
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