Honeywell earnings beat, Revenue misses in Q3

  • Investing.com
  • Stock Market News
Honeywell earnings beat, Revenue misses in Q3
Credit: © Reuters.

Investing.com - Honeywell (NASDAQ: HON ) reported on Friday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

Honeywell announced earnings per share of $2.02 on revenue of $8.47B. Analysts polled by Investing.com anticipated EPS of $1.99 on revenue of $8.65B.

Honeywell shares are up 5% from the beginning of the year and are trading at $224.52 , down-from-52-week-high.They are under-performing the S&P 500 which is up 21.13% year to date.

Honeywell follows other major Capital Goods sector earnings this month

Honeywell's report follows an earnings beat by ASML ADR on Wednesday, who reported EPS of $4.97 on revenue of $6.1B, compared to forecasts EPS of $4.61 on revenue of $6.19B.

Lam Research had beat expectations on Wednesday with first quarter EPS of $8.36 on revenue of $4.3B, compared to forecast for EPS of $8.23 on revenue of $4.32B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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