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
Broadcom (AVGO) reports higher Q3 revenue and profit; results beat estimates
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) reported higher revenues and adjusted earnings for the third quarter of 2024 amid continued strong demand. The Q3 numbers also topped expectations. Earnings, excluding
Key takeaways from Hewlett Packard’s (HPE) Q3 2024 earnings report
Hewlett Packard Enterprise (NYSE: HPE) has delivered stronger-than-expected third-quarter results amid significant conversion in AI system revenues. The prospects for the company's AI server and edge computing businesses look promising
Hormel Foods (HRL): Factors that put a damper on the food company’s Q3 performance
Shares of Hormel Foods Corporation (NYSE: HRL) were up over 2% on Thursday. The stock is recovering from a fall it took a day ago after the company delivered mixed