Growth ConcernsConcerns around delays in Commercial Aerospace, Process Solutions, and UOP have reduced confidence in the company reaching the higher end of its growth target.
Operational ChallengesUnexpected issues in the company’s longer cycle businesses, such as customer and shipment delays in Commercial Aero, HPS, and UOP, have lowered operational expectations for the fourth quarter.
Valuation ChallengesTrading at a lower multiple compared to the EEMI group indicates challenges in achieving a better valuation.