Welcome to our dedicated page for Honeywell Intl news (Ticker: HON), a resource for investors and traders seeking the latest updates and insights on Honeywell Intl stock.
Honeywell International Inc. (HON) delivers mission-critical solutions across aerospace, industrial automation, and energy technologies. This dedicated news hub provides investors and professionals with essential updates directly from the company and verified industry sources.
Access real-time press releases covering quarterly earnings, product innovations, and strategic partnerships. Stay informed about developments in sustainable technologies, safety systems advancements, and global operational expansions through curated news analysis.
Key updates include regulatory filings, leadership announcements, and R&D breakthroughs in IoT-enabled industrial solutions. Content is organized for quick scanning while maintaining technical accuracy across Honeywell's diversified business segments.
Bookmark this page for streamlined tracking of HON's market movements and operational milestones. Combine our updates with Stock Titan's financial tools to contextualize Honeywell's evolving role in industrial technology markets.
Honeywell reported sales of $8.9 billion for Q1 2023, a 6% year-over-year increase. Organic sales grew by 8%, driven by double-digit growth in Aerospace and Performance Materials. The operating margin expanded to 19.1%, an increase of 390 basis points. Earnings per share (EPS) reached $2.07, surpassing guidance by 11 cents. The backlog increased to a record $30.3 billion, marking a 6% year-over-year rise. Honeywell also announced a $670 million acquisition of Compressor Controls Corporation and raised the midpoint of its full-year EPS guidance by 13 cents.
Overall, the company is optimistic about 2023, citing strong positions in various markets and a favorable backlog.
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