Honeywell Q2 2023: EPS $2.22, adj. EPS $2.23; raises FY sales, margin, EPS guidance

HONEYWELL INTERNATIONAL INC

2023-Q2 EPS reported $4.29 revenue$18,010,000,000

Q2 sales $9.1B (+3% organic); EPS $2.22 (+21% YoY), adj. EPS $2.23 (+6% YoY).
Operating cash flow $1.36B (+72% YoY); free cash flow $1.13B (+34% YoY).
Aerospace organic sales +16% (commercial aftermarket +25%); record backlog $30.5B (+4%).
Full-year guidance raised: sales $36.7-37.3B, segment margin 22.4-22.6%, adj. EPS $9.05-9.25.
SPS organic sales -21% (warehouse automation softness); margin +410bps to 16.7%.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

HONEYWELL INTERNATIONAL INC reported full-year 2023 results: revenue $36.7 billion to $37.3 billion, EPS $9.05 to $9.25. Guidance raised.

Period: full-year 2023
Revenue: $36.7 billion to $37.3 billion
EPS: $9.05 to $9.25
Guidance: raised
Result: guidance update

Exact text from the filing

Full-year sales are now expected to be $36.7 billion to $37.3 billion with organic 1 sales growth in the range of 4% to 6%. Segment margin 2 is now expected to be in the range of 22.4% to 22.6%, with segment margin expansion 2 of 70 to 90 basis points. Adjusted earnings per share 2,3 is now expected to be in the range of $9.05 to $9.25, up 5 cents on the low end from the prior guidance range.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

HONEYWELL INTERNATIONAL INC reported second quarter 2023 results: revenue $9.1 Billion, EPS $2.22.

Period: second quarter 2023
Revenue: $9.1 Billion
EPS: $2.22
Result: reported results

Exact text from the filing

HONEYWELL DELIVERS STRONG SECOND QUARTER RESULTS AND RAISES FULL-YEAR SALES, SEGMENT MARGIN, AND ADJUSTED EPS GUIDANCE • Sales of $9.1 Billion, Reported Sales Up 2%, Organic 1 Sales Up 3%, Operating Cash Flow Up 72%, Free Cash Flow 1 Up 34% • Earnings Per Share of $2.22 and Adjusted Earnings Per Share 1 of $2.23

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18 earnings releases filed in the last 30 days. Browse all earnings releases →

HONEYWELL INTERNATIONAL INC filing history →

Source: SEC EDGAR

accession 0000773840-23-000070

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