Honeywell reports Q3 adjusted EPS $2.82, consensus $2.57

Reports Q3 revenue $10.41B, consensus $10.16B. Vimal Kapur, chairman and chief executive officer of Honeywell (HON), commented, “As we progressed toward separating into three industry-leading public companies, we drove strong financial results and unlocked new value creation opportunities during the third quarter. Increased orders across our business segments pushed the company’s total backlog to another record high and reinforced the benefit of the new, innovative solutions we are delivering for customers. All of this translated to us exceeding the high end of our guidance for both organic growth and adjusted earnings per share in the quarter.”