the republic logo

Honeywell 2nd-quarter profit rises 7.6 percent, beats forecast


MORRISTOWN, New Jersey — Honeywell International Inc. (HON) on Friday reported profit that climbed by 7.6 percent in its second quarter, and topped analysts' expectations.

The Morristown, New Jersey-based company said profit increased to $1.1 billion, or $1.38 per share, from $1.02 billion, or $1.28 per share, in the same quarter a year earlier. The average estimate of analysts surveyed by Zacks Investment Research was for profit of $1.36 per share.

The company said revenue climbed 5.8 percent to $10.25 billion from $9.69 billion in the same quarter a year ago, and beat Wall Street forecasts. Analysts expected $10.17 billion, according to Zacks.

Honeywell shares have increased $3.80, or 4.2 percent, to $95.17 since the beginning of the year, while the Standard & Poor's 500 index has climbed 5.9 percent. The stock has climbed $12.20, or 15 percent, in the last 12 months.

This story was generated automatically by Automated Insights ( using data from Zacks Investment Research. Full HON report:


Keywords:Honeywell,Earnings Report

Think your friends should see this? Share it with them!

All comments are moderated before posting. Your email address must be verified with Disqus in order for your comment to appear.
View our commenting guidelines and FAQ's here.

Story copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Feedback, Corrections and Other Requests: AP welcomes feedback and comments from readers. Send an email to and it will be forwarded to the appropriate editor or reporter.

We also have more stories about:
(click the phrases to see a list)


Follow The Republic:

All content copyright ©2014 The Republic, a division of Home News Enterprises unless otherwise noted.
All rights reserved. Privacy policy.