Originally published at www.seclive.com
Honeywell International (NYSE:HON) announced its earnings for second quarter this fiscal year, reporting earnings per share of $1.28, beating analyst expectations by $0.07 per share. The company reported revenues of $9.44B, slightly down from this quarter last year of $9.70B. Despite positive financial results and performance, allegations that its emergency locator transmitter could be linked to aircraft fires, most recently in a Boeing (NYSE:BA) 787 at London Heathrow Airport. With the company's increased performance, it has also increased its annual and Q3 guidance, now projecting $4.85 to $4.95 earnings per share for the year and $1.20 to $1.25 earnings per share for third quarter.
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