Honeywell said sales for Q2 2024 were $9,577 million, up 5% from $9,146 million a year earlier. The company reported diluted earnings per share of $2.36 and adjusted earnings per share of $2.49.

1. 01

   Honeywell said sales for Q2 2024 were $9,577 million, up 5% from $9,146 million a year earlier. The company reported diluted earnings per share of $2.36 and adjusted earnings per share of $2.49.

2. 02

   The company said Aerospace Technologies sales for Q2 were $3,891 million, up 16% on an organic basis. Segment margin was 27.2%, down 60 basis points from a year earlier. The company cited the mix pressure in original equipment as the reason for the margin decline.

3. 03

   Honeywell said operating cash flow for Q2 2024 was $1,371 million and free cash flow was $1,112 million. It said free cash flow is operating cash flow minus capital expenditures of $259 million.

4. 04

   The company said it now expects full-year sales of $39.1 billion to $39.7 billion (previously $38.5B to $39.3B) and adjusted earnings per share of $10.05 to $10.25 (previously $10.15 to $10.45).

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.