Honeywell reaffirmed its full-year adjusted profit and sales forecast on Monday as the conglomerate prepares to spin off its aerospace business later this month, according to Reuters.
Honeywell expects full-year 2026 adjusted earnings of $10.35 to $10.65 per share and annual revenue of $38.8 billion to $39.8 billion
The guidance reaffirms the same ranges the company maintained after its first quarter. Slated for a June 29 separation, Honeywell Aerospace covers aircraft engines, parts, and defense systems. The separation marks a central step in the company’s previously announced three-way breakup.
Last October, the advanced materials division was separated into an independent company now known as Solstice Advanced Materials, leaving the automation operations to carry on as Honeywell Technologies. For Honeywell Technologies, the 2026 outlook calls for adjusted earnings between $3.95 and $4.15 per share, revenue landing somewhere in the $19.9 billion to $20.2 billion range, and free cash flow of roughly $2 billion on an annual basis. Speaking to investors Monday, Honeywell CEO Vimal Kapur expressed “very high conviction” that the second half of 2026 would not be dragged down by Middle East tensions, provided there is “no significant re-escalation,” and suggested the region could even generate a “tailwind” if customers ramp up outlays on energy security and rebuilding efforts.