Honeywell Earnings, Revenue Beat in Q1 -Breaking
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© Reuters. Honeywell Earnings Beat Q1 RevenueHoneywell (NASDAQ 🙂 announced Friday its first quarter results that exceeded analysts’ expectations and generated revenue above all expectations.
Honeywell reported earnings per share at $1.91 for revenue $8.38B. Investing.com polled analyst to predict EPS at $1.86, based on $8.29B in revenue.
Honeywell shares fell 8% over the first year but are up 19.79% since its 52-week peak of $236.79, which was set on August 2, 2020. They are outperforming the S&P 500 which is down 10.04% from the start of the year.
Honeywell is following other significant Industrials sector earnings in this month
Honeywell’s announcement follows United Parcel Service’s Tuesday earnings beat. They reported EPS for revenue of $24.38B of $3.05, while forecasts were for EPS to be $2.89 and revenue of $23.82B of $2.89, respectively.
Union Pacific’s April 21st quarter earnings beat the expectations. It earned $2.57 per cent on revenues of $5.86B. This compares to the $2.56 expected for revenue of $5.71B.
Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar
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