Honeywell Technologies reported Q2 revenue of $9.72 billion, topping estimates, as guidance lifted shares despite a mixed EPS print.
Honeywell Technologies shares surged over 5% Thursday after reporting second-quarter revenue of $9.72 billion, up 4.3% year over year and exceeding the $9.5 billion consensus estimate. The results included contributions from Honeywell Aerospace, which was spun off at quarter-end but missed revenue expectations, making the core HON performance appear stronger on an adjusted basis.
Adjusted earnings per share fell 4.2% to $4.52, below the $4.27 estimate, though excluding the aerospace drag improved the bottom-line picture. The company raised its full-year guidance, reinforcing optimism about post-spinoff growth prospects.
Investors focused on the revenue beat and guidance lift, driving HON shares higher despite broader market weakness. The stock’s outperformance reflects confidence in its tech-driven industrial automation segment and resilience amid economic volatility.