Reported about 11 hours ago
Honeywell has increased its 2025 profit outlook despite the upcoming spinoff of its advanced materials unit, Solstice, due to high demand in the aerospace sector. The company anticipates adjusted earnings per share of $10.60 to $10.70, which accounts for the impact of Solstice, previously projected at $10.24 to $10.44. Honeywell's aerospace division reported a 15% sales increase in the third quarter, contributing to overall sales growth of 7% to $10.41 billion.
Source: YAHOO