Honeywell's $1.73 Billion Trading Day Lands 24th in Market Activity

Generado por agente de IAAinvest Market Brief
martes, 29 de abril de 2025, 7:53 pm ET1 min de lectura
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On April 29, 2025, Honeywell's trading volume reached $1.73 billion, marking a 51.96% increase from the previous day and ranking 24th in the day's stock market activity. HoneywellHON-- (HON) rose by 5.40%, marking two consecutive days of gains and a total increase of 6.19% over the past two days.

Honeywell reported an 8% year-over-year increase in sales for the first quarter, with a 4% organic growth. The company's backlog rose by 8% to a record $36.1 billion during the quarter. Honeywell now expects 2025 earnings to range from $10.20 to $10.50 per share, adjusted.

Honeywell's first-quarter adjusted earnings per share were $2.51, with revenue rising 8% year-over-year to $9.82 billion. The company's revenue for the quarter ended March 2025 was $9.82 billion, up 7.9% from the same period last year. The reported revenue exceeded the consensus estimate of $9.57 billion by 2.59%.

Honeywell's net sales in Building Automation were $1.69 billion, a 18.7% increase year over year. Net sales in Aerospace Technologies were $4.17 billion, a 13.7% increase year over year. Segment profit in Aerospace Technologies was $1.10 billion, while segment profit in Building Automation was $440 million. Segment profit in Energy and Sustainability Solutions was $346 million, and segment profit in Industrial Automation was $424 million. Segment profit in Corporate and All Other was -$51 million.

Honeywell boosted its 2025 profit forecast while absorbing $500 million in tariffs. The company's first-quarter results met expectations with EPS at $2.22 and revenue at $9.82 billion. Honeywell's earnings for the first quarter totaled $1.449 billion or $2.22 per share, compared with $1.463 billion or $2.23 per share last year.

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