Workflow
Honeywell: The Aerospace, Automation And Renewable Energy Trends Should Unlock Growth (Rating Upgrade)
HONHoneywell(HON) Seeking Alpha·2024-07-18 21:22

For the second quarter, analysts expect between $9.3 billion and $9.47 billion in revenues, with a mid-point estimate of $9.42 billion providing 3% growth. The reason sales growth is not extremely high is because the comp is becoming more challenging and some business segments are not expected to perform as strongly. One example is the PPE unit that surged during the pandemic but is now not performing as strongly, and Honeywell is even exploring selling the unit that would be valued in excess of $2 billion. ...