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Honeywell slips after guidance update

  • Shares of Honeywell (HON -0.9%) look set to close the session lower after the company issued 2014 guidance and reaffirmed its outlook for 2013.
  • HON sees EPS of $5.35-5.55 on sales of $40.3-40.7B next year, versus consensus of $5.55/share on $41.1B in sales.
  • The company continues to expect EPS of $4.90-4.95 on sales of $38.8-39B this year (largely in-line with consensus).
  • Here's CEO Dave Cote commenting: "Next year, we will complete our first five year plan and our 2014 outlook is reflective of the company being on track to achieve the long-term targets that were set in 2010." (PR)
Comments (1)
  • manfredthree
    , contributor
    Comments (1334) | Send Message
    Looking good !
    18 Dec 2013, 08:14 AM Reply Like
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