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Honeywell: Q4 beats consensus

(CercleFinance.com) - Honeywell has reported Q4 2018 adjusted EPS that is up 12% at 1.
91 dollars, two cents above the consensus, with the margin for its different segments up 80 basis points at 20.1%.

The industrial conglomerate saw its revenue fall 10% to 9.7 billion dollars as reported, although was up 6% in organic terms, led by aerospace (+10%) and productivity and security solutions (+15%).

With FY adjusted EPS of 8.01 dollars and revenues of 41.8 billion dollars, Honeywell has target ranges of 7.80 dollars to 8.10 dollars and 36 billion to 36.9 billion dollars respectively.


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