earnings
confidence high
sentiment positive
materiality 0.85
Honeywell Q3 beats guidance; raises full-year EPS and margin outlook
HONEYWELL INTERNATIONAL INC
2022-Q3 EPS reported
$5.76
revenue$26,280,000,000
- Q3 adj. EPS $2.25 (up 11% YoY), $0.05 above high end of guidance; GAAP EPS $2.28.
- Q3 sales $8.95B, up 9% organically; backlog $29.1B, up 9% YoY.
- Operating cash flow $2.1B (+86% YoY); free cash flow $1.9B (+108%).
- Segment margin 21.8% (+60 bps); SPS margin expanded 250 bps to 15.7%.
- FY2022 adj. EPS guidance raised to $8.70-$8.80 (prior $8.55-$8.80); segment margin up 60-80 bps.