© Reuters. Honeywell Earnings, Revenue Beat in Q1
Investing.com – Honeywell (NASDAQ:) reported on Friday first quarter that beat analysts’ forecasts and revenue that topped expectations.
Honeywell announced earnings per share of $1.91 on revenue of $8.38B. Analysts polled by Investing.com anticipated EPS of $1.86 on revenue of $8.29B.
Honeywell shares are down 8% from the beginning of the year, still down 19.79% from its 52 week high of $236.79 set on August 2, 2021. They are outperforming the S&P 500 which is down 10.04% from the start of the year.
Honeywell follows other major Industrials sector earnings this month
Honeywell’s report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of $3.05 on revenue of $24.38B, compared to forecasts EPS of $2.89 on revenue of $23.82B.
Union Pacific had beat expectations on April 21 with first quarter EPS of $2.57 on revenue of $5.86B, compared to forecast for EPS of $2.56 on revenue of $5.71B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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