Industrials

Honeywell (NASDAQ:HON) Q2 Adjusted Earnings, Sales Increase; Updates 2023 Outlook

Honeywell International (NASDAQ:HON) reported Q2 adjusted earnings  of $2.23 per diluted share, up from $2.10 per share a year earlier. Analysts polled by Capital IQ expected adjusted EPS of $2.21. Net sales for the quarter ended June 30 were $9.15 billion, compared with $8.95 billion a year earlier. Analysts surveyed by Capital IQ expected $9.17 billion. Honeywell also said it now expects 2023 adjusted EPS to be $9.60 to $9.80, compared with the prior outlook of $9.55 to $9.80. Analysts polled by Capital IQ expect adjusted EPS of $9.15. Sales for the year are projected to be $36.7 billion to $37.3 billion, compared with the prior outlook of $36.5 billion to $37.3 billion. Analysts polled by Capital IQ expect $37 billion.

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RTX (NYSE:RTX) Q2 Adjusted Earnings, Net Sales Increase

RTX (NYSE:RTX) reported Q2 adjusted earnings  of $1.29 per diluted share, up from $1.16 a year earlier. Analysts polled by Capital IQ expected $1.18. Net sales for the quarter ended June 30 were $18.32 billion, compared with $16.31 billion a year earlier. Analysts surveyed by Capital IQ estimated $17.7 billion. RTX said it now expects full-year adjusted EPS of $4.95 to $5.05, from its previous forecast of $4.90 to $5.05, and revenue of $73 billion to $74 billion, compared with the initial range of $72 billion to $73 billion. Analysts polled by Capital IQ estimate adjusted EPS of $5.02 on revenue of $72.73 billion.

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