Honeywell's stock fell about 4.7% following disappointing results from its aerospace spin-off, Honeywell Aerospace (HONA), which reported a weak first standalone quarter. Despite Honeywell raising its full-year adjusted EPS guidance, investors remain concerned about the smaller revenue base, one-time gains, and stranded costs. Comparatively, peers like 3M and Emerson Electric posted strong organic growth and raised guidance, attracting more investor confidence. Honeywell's cautious growth outlook for 2027, with EPS projections below Wall Street expectations, further pressured the stock during its recent presentation at the Deutsche Bank Chicago Industrials Summit.
Honeywell's CFO Mike Stepniak shared positive updates at Deutsche Bank's summit, highlighting a strong first half of 2026 and robust order intake in July. The company raised its guidance and set ambitious 3-year targets including 4-6% annual revenue ...
Honeywell Aerospace, recently spun off from Honeywell International, saw its shares drop over 20% after missing earnings expectations, reporting $1.87 per share versus the anticipated $2.13. Despite a 5% revenue increase, its GAAP profit fell 71%. In...
