Honeywell Non-GAAP EPS of $2.10 beats by $0.07, revenue of $8.95B beats by $280M, re-affirms FY22 EPS guidance

Jul. 28, 2022 6:34 AM ETHoneywell International Inc. (HON)By: Gaurav Batavia, SA News Editor2 Comments
  • Honeywell press release (NASDAQ:HON): Q2 Non-GAAP EPS of $2.10 beats by $0.07.
  • Revenue of $8.95B (+1.6% Y/Y) beats by $280M.
  • Sales Growth and Margin Expansion in Aerospace, Honeywell Building Technologies, and Performance Materials and Technologies
  • Reported Sales up 2%, Organic Sales up 4%, Exceeding High End of Guidance Range
  • Orders up 12%; Backlog up 12% to $29.5 Billion, Led by Our Long-Cycle Businesses
  • FY22 Guidance: Revenue of $35.5B-$36.1B (from prior outlook of $35.5B - $36.4B vs. $35.97B consensus)
  • Re-affirms EPS of $8.55-$8.80.

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