Categories AlphaGraphs, Earnings, Industrials
Earnings: Honeywell reports higher sales and net profit for Q2 2024
Engineering company Honeywell International Inc. (NASDAQ: HON) Thursday reported an increase in earnings and sales for the second quarter of 2024.
At $9.6 billion, total sales were up 5% in the June quarter. Sales at the core Aerospace Technologies segment grew 16%, driving the top-line growth.
On an adjusted basis, second-quarter earnings increased 8% annually to $2.49 per share during the three months. Unadjusted profit moved up to $1.54 billion or $2.36 per share in Q2 from $1.49 billion or $2.22 per share in the same period of 2023.
Vimal Kapur, CEO of Honeywell, said, “Honeywell delivered a strong second quarter, once again meeting or exceeding guidance across all metrics while maneuvering through a dynamic operating environment.”
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
KB Home’s Q3 results expected to benefit from built-to-order model, stable demand
KB Home (NYSE: KBH) has been resilient to challenges like high mortgage rates and the inflation-induced strain on family budgets, while benefitting from the recovery in the housing market. When
Signet Jewelers (SIG) reports lower Q2 2025 sales and adj. profit
Signet Jewelers Limited (NYSE: SIG) has reported a decline in net sales and adjusted earnings for the second quarter of 2025. Same-store sales declined 3.4% during the three months. Net
Adobe reports higher Q3 revenue and earnings; results beat estimates
Design software maker Adobe Inc. (NASDAQ: ADBE) on Thursday reported an increase in third-quarter 2024 revenue and earnings. The results also topped expectations. Third-quarter revenues came in at $5.41 billion,