(Updates with the latest stock movement in the first paragraph and headline.)
Honeywell Technologies (HON) shares rose 4.7% in Thursday trading after the company reported stronger-than-expected Q2 adjusted earnings and sales and raised its 2026 adjusted EPS guidance.
The company reported Q2 adjusted earnings Thursday of $1.95 per diluted share, up from $1.77 a year earlier.
Analysts polled by FactSet expected $1.82.
Sales for the quarter ended June 30 were $5.19 billion, up from $5.02 billion a year earlier.
Analysts surveyed by FactSet expected $5.02 billion.
Honeywell said it now expects 2026 adjusted EPS of $8.05 to $8.35, compared with its prior guidance of $7.90 to $8.30. Analysts polled by FactSet are looking for $8.28.
Revenue for the current year is now projected to be $19.8 billion to $20 billion, compared with $19.9 billion to $20.2 billion previously, the company said. Analysts surveyed by FactSet expect $20.28 billion.
Price: $243.95, Change: $+10.96, Percent Change: +4.70%