Consensus $9.05. Raises FY23 revenue view to $36.5B-$37.3B from $36B-$37B, consensus $36.75B. Sees FY23 free cash flow $3.9B-$4.3B. Adamczyk continued, "As we look to the rest of 2023, we are well positioned to continue outperforming despite an uncertain macroeconomic environment. Our businesses are poised for sustained growth, our backlog will support our projections, and our technologically differentiated portfolio of solutions is allowing us to address the world’s toughest automation, digitalization, and sustainability challenges. This setup is enabling us to raise our full-year 2023 guidance, and I am confident that Honeywell will continue to outperform under Vimal Kapur’s leadership. I am grateful for the opportunity I have had to lead Honeywell, and I know our future is bright."
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on HON:
- HONEYWELL DELIVERS STRONG FIRST QUARTER RESULTS AND BEATS GUIDANCE ON ALL METRICS, RAISES FULL-YEAR SALES, SEGMENT MARGIN, AND ADJUSTED EPS GUIDANCE
- HONEYWELL TO ACQUIRE COMPRESSOR CONTROLS CORPORATION, DRIVING THE ENERGY TRANSITION THROUGH LEADING AUTOMATION AND CONTROLS PORTFOLIO
- Honeywell to acquire Compressor Controls Corporation for $670M
- HON Upcoming Earnings Report: What to Expect?
- HONEYWELL ANNOUNCES QUARTERLY DIVIDEND
