Honeywell: Q4 EPS stable, above consensus

(CercleFinance.com) - The multi-national conglomerate HoneyWell has reported Q4 2020 revenues of 8.
9 billion dollars, down 6% y-o-y.

Net income came in at 1.38 billion dollars (compared to 1.59 billion dollars a year earlier), representing adjusted EPS of 2.07 dollars, above the consensus and just one cent above its level in Q4 2019 (2.06 dollars).

FY revenue reached 32.63 billion dollars, down 11%. Meanwhile, net profit was 4.86 billion dollars (compared with 6.23 billion dollars a year earlier), with adjusted EPS of 7.10 dollars, down 13% over the year.

In 2021, sales are expected to be 33.4-34.4 billion dollars, the group said, expecting FY EPS of 7.6-8 dollars.

The share is down over 2% in early trading on Friday.



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