Honeywell Slashes Outlook Amid Spin-Off and Legal Troubles
Honeywell restructures into 4 segments, excludes Advanced Materials from operations, and revises 2025 guidance to $37.5-37.7B sales.
Honeywell restructures into 4 segments, excludes Advanced Materials from operations, and revises 2025 guidance to $37.5-37.7B sales.
Bank of America cuts Honeywell to Underperform, citing slow EPS growth and challenges in its Aerospace and Automation split, with a new $205 price target.
Honeywell raises full-year profit forecast to $10.60-$10.70 per share, beats Q3 estimates with $2.82 EPS, driven by 15% aerospace growth ahead of company breakup into three entities.