Honeywell: slightly beats consensus in Q3.

(CercleFinance.com) - Honeywell, an industrial group with activities ranging from aerospace to building technology, saw its adjusted EPS increase 16% to 1.
75 dollar over the past quarter, exceeding the consensus by just one cent.

This increase reflects a 120-basis point improvement in its margin for segments at 18.7%, as well as revenues that are up 3% at 10.1 billion dollars. Honeywell's organic sales growth reached 5%.

Group management confirmed its target FY 2017EPS range of 7.05 dollars to 7.10 dollars, remembering that it raised the lower end of this range by five cents this month.


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