Honeywell recasts segment profit & adjusted EPS; excludes acquisition amortization from 2024 onward

HONEYWELL INTERNATIONAL INC

Starting April 2024, Honeywell excludes amortization of acquisition-related intangibles and acquisition costs from segment profit and adjusted EPS.
Recast Q1 2024 segment profit: Total $2,094M; Aerospace Tech $1,035M, Industrial Auto $474M, Building Auto $350M, Energy & Sustainability $303M.
Recast Q1 2024 adjusted diluted EPS: $2.34. Prior quarters in 2023 also recast (e.g., Q4 2023: $2.69).
Within Industrial Automation, gas detection moved from Sensing & Safety Tech to Process Solutions; Q1 2024 recast sales: Process Solutions $1,496M, Sensing & Safety $450M.
Supplemental, unaudited data; no restatement of previously issued financial statements.

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