Honeywell announced today that it has raised first quarter earnings per share guidance to $0.45 – 0.49 from $0.40 – 0.45. The better than anticipated outlook reflects both stronger orders and sales in several short cycle end markets, including Honeywell’s Turbo Technologies and select Automation and Controls Solutions Products businesses, as well as continued execution [...]
Business and Financial
Honeywell Raises First Quarter Earnings Per Share Guidance to $0.45 – 0.49
Posted on Tuesday, March 30, 2010
Honeywell Named One of America’s Top 10 Most Inventive Companies by Forbes Magazine
Honeywell was named one of the “Top 10 Most Inventive Companies” in the U.S. by Forbes magazine. According to the article, “The U.S. companies that won the most patents last year also had high earnings and returns on capital, meaning they are good at wringing profits out of the money they invest.” Honeywell holds more [...]
Posted on Monday, March 29, 2010
Honeywell Names Dr. Krishna Mikkilineni and Bask Iyer to Executive Management Team
Honeywell named Krishna Mikkilineni (pictured left) and Bask Iyer (pictured right) to its Executive Management Team, reporting to Chairman and Chief Executive Officer Dave Cote, effective on April 12, 2010. Larry Kittelberger, Senior Vice President, Technology and Operations, will retire from Honeywell after almost 13 years at the company. Mikkilineni will become Senior Vice President, [...]
Posted on Monday, March 22, 2010
Honeywell Named One of World’s Most Admired Companies by Fortune Magazine
Honeywell has again been selected as one of the “Most Admired Companies” in the world by Fortune magazine. For the second consecutive year, Honeywell was ranked number three in the Aerospace and Defense industry. In addition, Honeywell ranked number two in the Aerospace and Defense industry’s “long-term” investment category, moving up from number three last [...]
Posted on Wednesday, March 10, 2010
Honeywell Expects Significant Sales, Earnings Per Share, and Cash Flow Growth Over Next Five Years
Honeywell announced that it expects approximately 6-8% compound annual sales growth over the next five years and is targeting segment margins in the range of 16-18% in five years. The company also expects continued strong cash flow generation over that time period. “Honeywell is a very different and much better company today,” said Honeywell Chairman [...]
Posted on Monday, February 22, 2010
Honeywell Confirms First Quarter Sales of $7.2 – 7.6 billion, and Updates Earnings Per Share of $0.40 – 0.45
Company to Present its Long-Term Growth Outlook at its Annual Investor Conference on Monday, February 22nd Honeywell re-affirmed its full-year 2010 financial guidance, including sales of $31.3 – 32.2 billion and earnings per share (EPS) of $2.20-2.40. In addition, the company confirmed first quarter sales guidance of $7.2 – 7.6 billion and updated its first [...]
Posted on Friday, February 19, 2010
