Honeywell Int’l moves higher on Q1 beat
Honeywell International Inc. (HON) is up 2.6% Friday morning following the company’s first-quarter report. Honeywell posted normalized Q1 earnings of $1.66 per share, on revenue of $9.49 billion. Analysts were expecting earnings of $1.62 on revenue of $9.33 billion.
Honeywell International Inc. (HON) manufactures diversified machinery.
SunTrust Banks, Inc. (STI) and Costco Wholesale Corporation (COST) top the list of other companies with positive news today, while Mattel, Inc. (MAT) and Maxim Integrated Products, Inc. (MXIM) top the list of companies with negative news.
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About Honeywell International Inc.
Honeywell traces its roots to inventor Albert Butz's company, the Butz-Thermo Electric Regulator Company in 1885, which produced a predecessor to the modern thermostat. From its origins developing climate control technology, which still operates today, Honeywell has emerged as a sprawling conglomerate with operations that span the globe. Today, Honeywell operates through four business segments--Aerospace, Building Technologies, Performance Materials and Technologies, and Safety and Productivity Solutions--increasingly transforming itself into a software-industrial company serving diverse end markets like the U.S. defense, e-commerce, and oil & gas industries.