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Honeywell (HON) Q4 Earnings Beat Estimates, Revenues Miss
Earnings & Revenues
Adjusted earnings were $2.06 per share, surpassing the Zacks Consensus Estimate of $2.04. The bottom line also jumped 11% year over year, driven by organic sales growth.
Honeywell reported adjusted earnings of $8.16 in 2019, an increase of 10% from the prior year.
Honeywell’s fourth-quarter revenues came in at $9,496 million, missing the consensus estimate of $9,589 million. Also, the top line declined 2.4% year over year. The fall was primarily attributable to the impact of spin-offs of some of the company’s businesses in 2018. However, revenues increased 2% organically on the back of solid demand for commercial fire and building management products, strength in its aerospace business, and broad-based growth in process solutions business.
In 2019, the company generated total revenues of $36,709 million compared with $41,802 million in the previous year.
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https://finance.yahoo.com/news/honeywell...02669.html
![[Bild: HONc1dl0823.png]](https://finviz.com/publish/020120/HONc1dl0823.png)
Earnings & Revenues
Adjusted earnings were $2.06 per share, surpassing the Zacks Consensus Estimate of $2.04. The bottom line also jumped 11% year over year, driven by organic sales growth.
Honeywell reported adjusted earnings of $8.16 in 2019, an increase of 10% from the prior year.
Honeywell’s fourth-quarter revenues came in at $9,496 million, missing the consensus estimate of $9,589 million. Also, the top line declined 2.4% year over year. The fall was primarily attributable to the impact of spin-offs of some of the company’s businesses in 2018. However, revenues increased 2% organically on the back of solid demand for commercial fire and building management products, strength in its aerospace business, and broad-based growth in process solutions business.
In 2019, the company generated total revenues of $36,709 million compared with $41,802 million in the previous year.
...
https://finance.yahoo.com/news/honeywell...02669.html
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