Honeywell: Q3 EPS virtually flat

(CercleFinance.com) - Industrial conglomerate Honeywell has reported Q3 adjusted EPS that is up 1% to $2.
27, with a segment margin that improved by 80 bp to 22.6%.

Revenues rose by 3% to $9.21bn, up 2% in organic terms, primarily driven by the aerospace segment (+18%) and secondarily by performance materials and technologies (+3%).

On this quarterly publication, Honeywell has tightened its FY 2023 target range for adjusted EPS, now looking for $9.65 to $9.75, with revenues of $36.8bn to $37.1bn.


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