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.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story