Honeywell's Q1: Mixed Results, Spin-off Plans

Honeywells Q1 earnings show a two percent revenue increase to $9.11 billion, missing Wall Streets $9.28 billion expectation. Adjusted EPS of $2.45 beats forecast of $2.32. The miss stems from a six percent drop in Process Automation and Technology segment sales due to Middle East conflict and cash flow issues. Despite orders jumping seven percent and backlog swelling past $38 billion, investors sent shares down sharply post-earnings, marking Honeywells third straight revenue miss. The company maintains full-year sales and earnings guidance, but trims operating cash flow outlook. Honeywell Aerospace spin-off is now targeted for June 29, 2026, trading as HONA on Nasdaq. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/8ebe883e42ef7863