earnings
confidence high
sentiment positive
materiality 0.80
Honeywell Q4 adj EPS $2.60 beats guidance; 2024 outlook for 7-10% adj EPS growth
HONEYWELL INTERNATIONAL INC
2023-FY EPS reported
$8.47
revenue$36,662,000,000
- Q4 adj EPS $2.60, above midpoint of guidance; revenue $9.44B, +3% reported, +2% organic YoY.
- Full-year 2023 adj EPS $9.16; segment margin expanded 100bps to 22.7%; operating cash flow $5.34B.
- 2024 guidance: adj EPS $9.80-$10.10 (7-10% growth); sales $38.1B-$38.9B (organic 4-6%).
- Record backlog of $31.8B (+8%); deployed $8.3B in capital in 2023 including $5B Carrier security acquisition.
- CEO Vimal Kapur to become Chairman in June 2024; William Ayer named independent Lead Director.