trending Market Intelligence /marketintelligence/en/news-insights/trending/cBiRVCqthsXogg-XchhBTw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Honeywell lifts adjusted EPS guidance for FY'19 as Q3 earnings beat estimates

US Operators Bolster Downward Trajectory for US Cable Capex Forecast

StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk – Episode 69: Banks left with pockets full of cash and few places to go

CUSIP Requests Surge in September Led by Higher Corporate and Municipal Totals

Honeywell lifts adjusted EPS guidance for FY'19 as Q3 earnings beat estimates

Honeywell International Inc. raised the lower end of its full-year guidance for adjusted EPS as it reported third-quarter earnings that exceeded analysts' estimates.

The company now expects to earn between $8.10 per share and $8.15 per share in 2019 on an adjusted basis, compared with a range of $7.95 per share to $8.15 per share in its previous guidance.

In the third quarter, net income attributable to Honeywell fell to $1.62 billion, or $2.23 per share, from $2.34 billion, or $3.11 per share, in the year-earlier period.

Adjusted EPS, excluding the impact of spinoffs in 2018, rose 9% year over year in the third quarter to $2.08 from $1.90.

The S&P Global Market Intelligence consensus normalized EPS estimate for the quarter was $2.01.

Third-quarter sales fell 16% year over year to $9.09 billion from $10.76 billion due to the impact of spinoffs. Sales in the building technologies segment plunged 44% and sales in the aerospace segment dropped 12%.

Honeywell lowered the top end of its full-year revenue guidance to $36.9 billion from $37.2 billion and affirmed the lower end at $36.7 billion.

Honeywell's operating income margin widened to 19.3% in the third quarter from 15.6% in the year-earlier period. The segment margin increased to 21.2% from 19.4%.

Shares of Honeywell were up by more than 3% shortly before 3 p.m. ET.