Transportation
Honeywell Guidance Tops Estimates as Aerospace Separation Looms
Honeywell International Inc.’s outlook for 2026 topped Wall Street estimates, while the spinoff of its aerospace unit is set to happen earlier than expected.
The Charlotte, North Carolina-based company expects adjusted earnings per share to be $10.35 to $10.65, while analyst estimates had a consensus of $10.41. Fourth-quarter adjusted earnings per share came in at $2.59, above the analyst average of $2.54, according to data compiled by Bloomberg. Revenue was $9.8 billion, while analysts had predicted $10 billion.