earnings
confidence high
sentiment positive
materiality 0.75
Honeywell Technologies Q2 adj EPS $1.95 (+10% YoY); raises FY guidance, segment margin up 100bps
HONEYWELL INTERNATIONAL INC
- Honeywell Technologies Q2 sales $5.2B (+4% organic); adjusted EPS $1.95 vs $1.77 YoY.
- Building Automation sales +9% organic; Process Automation -1% organic; Industrial Automation +4% organic.
- Full-year 2026 guidance raised: organic growth 3-4% (prev 2-3%), adj EPS $8.05-$8.35 (prev $7.90-$8.30).
- Segment margin expanded 100bps to 19.0%; free cash flow $456M, up 300% YoY.
- Orders up 16% leading to ~$20B backlog; spin-off of Aerospace completed June 29.