HON YTD mountain Honeywell YTD Unfortunately, Honeywell hit a 52-week low in Thursday's terrible market.
Moreover, guidance for the remainder of the year was mixed: Sales are expected to be better than we thought.
Honeywell repurchased 5.3 million shares during the quarter, more than double the amount purchased in the second quarter.
Additionally, for both the full year and the current quarter, earnings performance is being suppressed by pension liabilities.
Qualitatively, continued volatility is expected but management believes they can deliver further growth, margin expansion, and cash growth "in line or above EPS growth."
Persons:
We're, it's, we'll, Vimal, Jim Cramer's, Jim Cramer, Jim, Michael Nagle
Organizations:
Honeywell, Revenue, LSEG, Management, Commercial Aviation, Defense, Aero, mangement's, Aerospace Technologies, Industrial Automation, CNBC, Honeywell International Inc, New York Stock Exchange, Bloomberg, Getty
Locations:
New York