AI English summary of an SEC filing — figures as filed
The company said its Q2 sales rose to $10,352 million, up 8% year over year (organic 5%), operating income was $2,114 million (up 7%), and diluted earnings per share were $2.45 (up 4%).
Key points
AI summaryThe company said its Q2 sales rose to $10,352 million, up 8% year over year (organic 5%), operating income was $2,114 million (up 7%), and diluted earnings per share were $2.45 (up 4%).
Honeywell said its adjusted earnings per share (Adjusted Earnings Per Share) for Q2 were $2.75, up 10%, while operating cash flow was $1,319 million (down 4%) and free cash flow was $1,016 million (down 9%).
The company set its full-year sales outlook at $40.8 billion to $41.3 billion and its adjusted earnings per share outlook at $10.45 to $10.65, compared with prior outlooks of $39.6B to $40.5B and $10.20 to $10.50, respectively. It said it maintained its operating cash flow outlook of $6.7 billion to $7.1 billion and free cash flow outlook of $5.4 billion to $5.8 billion.
The company said it repurchased $1.7 billion of its shares in Q2, sold its personal protective equipment business for $1.3 billion in May, completed the acquisition of Sundyne ($2.2 billion) in June, and announced the acquisition of Johnson Matthey's Catalyst Technologies business (£1.8 billion) in May.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.
Honeywell QQ2 Sales Rise $10,352 million; Operating Income and Diluted EPS Up
The company said its Q2 sales rose to $10,352 million, up 8% year over year (organic 5%), operating income was $2,114 million (up 7%), and diluted earnings per share were $2.45 (up 4%).
Source · Based on the filing body and exhibits
QQ2 Adjusted EPS at $2.75; Operating and Free Cash Flow Decline
Honeywell said its adjusted earnings per share (Adjusted Earnings Per Share) for Q2 were $2.75, up 10%, while operating cash flow was $1,319 million (down 4%) and free cash flow was $1,016 million (down 9%).
Source · Based on the filing body and exhibits
Full-Year Outlook: Sales $40.8 billion to $41.3 billion, Adjusted EPS $10.45 to $10.65
The company set its full-year sales outlook at $40.8 billion to $41.3 billion and its adjusted earnings per share outlook at $10.45 to $10.65, compared with prior outlooks of $39.6B to $40.5B and $10.20 to $10.50, respectively. It said it maintained its operating cash flow outlook of $6.7 billion to $7.1 billion and free cash flow outlook of $5.4 billion to $5.8 billion.
Source · Based on the filing body and exhibits
QQ2 Share Buybacks, Acquisitions and Divestitures
The company said it repurchased $1.7 billion of its shares in Q2, sold its personal protective equipment business for $1.3 billion in May, completed the acquisition of Sundyne ($2.2 billion) in June, and announced the acquisition of Johnson Matthey's Catalyst Technologies business (£1.8 billion) in May.
Source · Based on the filing body and exhibits
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.
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