Recap: Honeywell International Q2 Earnings

Shares of Honeywell International HON moved lower by 1.3% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were down 40.00% over the past year to $1.26, which beat the estimate of $1.21.

Revenue of $7,477,000,000 decreased by 19.11% year over year, which beat the estimate of $7,290,000,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Jul 24, 2020

Time: 08:30 AM

ET Webcast URL: https://honeywell.webcasts.com/starthere.jsp?ei=1332502&tp_key=0cd9e5298b

Technicals

Company's 52-week high was at $184.06

52-week low: $101.08

Price action over last quarter: Up 15.24%

Company Overview

Honeywell traces its roots to inventor Albert Butz's company, the Butz-Thermo Electric Regulator Co. 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, it 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 and gas industries.

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