Honeywell Beats Q1 EPS but Warns on Q2 Revenue Amid Aerospace Spin-Off Progress
Honeywell Q1: $9.1B sales +2%, orders +7%, profits up. Keeps outlook, plans spin-offs & asset sale, sees Q2 softer.
/ 5 items
#HON↓
Quantinuum Plans IPO as Quantum Computing Goes Public
Honeywell's quantum computing unit Quantinuum prepares for IPO filing with $11B valuation, backed by Nvidia and major investors for breakthrough computing technology.
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.
BofA Downgrades Honeywell Amid Reorganization Challenges
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 Beats Expectations and Raises 2025 Outlook on Strong Aerospace Demand
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.