Honeywell Reaffirms Q2, 2019 Profit Outlook

(RTTNews) - Honeywell International Inc. (HON) said that it reaffirmed second-quarter earnings per share guidance of $2.05 to $2.10 and full-year earnings per share guidance of $7.90 to $8.15. Analysts polled by Thomson Reuters expect the company to report earnings of $2.08 per share for the second-quarter, and earnings of $8.09 per share for fiscal year 2019. Analysts' estimates typically exclude special items.

The company reiterated path to about 23 percent long-term segment margin target.

The company said it remains confident in its long-term financial framework and in its ability to deliver shareowner value in 2019 and for many years to come.

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