Says deal environment remains “relatively favorable.” Says “continuing to strengthen alignment to megatrends.” Says met or exceeded high end of Q1 guidance across all metrics. Says “confident” in 2H24 outlook. Says supply chain showing “modest, sequential improvements.” Comments taken from Q1 earnings conference call.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HON:
- HON Earnings: Honeywell Smashes Q1 Expectations, Backlog Balloons to $32B
- HONEYWELL DELIVERS STRONG FIRST QUARTER RESULTS AND BEATS EARNINGS GUIDANCE
- HON Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Nvidia initiated, AMD upgraded: Wall Street’s top analyst calls
- Deutsche downgrades Honeywell to Hold on lack of growth
