Reports Q1 revenue $9.14B, consensus $9.28B. “Honeywell (HON) delivered a strong start to the year while navigating a challenging geopolitical environment. Orders were up 7% with growth in all segments, pushing backlog to over $38 billion, led by buildings and industrial automation. Through our relentless focus on productivity and execution, we generated 90 basis points of segment margin expansion. This profitable growth, coupled with an acceleration in stranded costs takeout, drove 11% adjusted earnings growth, overcoming the impacts of rising inflation and the disruption in the Middle East. This is a testament to the resiliency of the Honeywell portfolio,” said Vimal Kapur, chairman and chief executive officer of Honeywell.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HON:
- Quantum Computing News: Nvidia (NVDA) and DARPA Push Quantum Toward Real Systems as Honeywell (HON) Eyes Quantinuum IPO
- These Are the Stocks Reporting Earnings Today – April 23, 2026
- Ahead of Honeywell’s (HON) Q1 Results, Here’s What Technical Indicators Are Suggesting
- Notable companies reporting before tomorrow’s open
- Honeywell: Quantinuum submits draft registration statement for proposed IPO