Reports Q4 revenue $10.09B, consensus $9.83B. “We delivered a strong end to a successful year, exceeding the high end of our guidance for fourth quarter sales and adjusted earnings per share1 while navigating a dynamic operating environment,” said Vimal Kapur, chairman and CEO of Honeywell (HON). “In 2024, we also made significant progress optimizing Honeywell’s portfolio. We completed four strategic bolt-on acquisitions representing $9 billion in capital deployed and announced two key divestitures in alignment with our portfolio simplification strategy, including the planned spin of our Advanced Materials business. As we look toward 2025, I am confident that our revitalized portfolio optimization strategy, established history of operational excellence, and robust installed base will unlock further value creation for our shareholders, customers, and employees.”
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HON:
- Honeywell plans to split into three companies, WSJ reports
- Notable companies reporting before tomorrow’s open
- 3 Best Quantum Computing Stocks to Buy Now, Based on Technical Indicators – 2/4/2025
- HON Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Quantum Leap: SoftBank and Quantinuum seek AI, quantum computing fusion in pact