Investing.com - Honeywell (NASDAQ:HON) reported on Friday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Honeywell announced earnings per share of $2.02 on revenue of $8.81B. Analysts polled by Investing.com anticipated EPS of $1.94 on revenue of $8.65B.
Honeywell shares are up 9% from the beginning of the year and are trading at $232.74 , down-from-52-week-high.They are under-performing the Nasdaq which is up 13.94% from the start of the year.
Honeywell follows other major Capital Goods sector earnings this month
Honeywell's report follows an earnings missed by ASML ADR on Wednesday, who reported EPS of $2.97 on revenue of $4.74B, compared to forecasts EPS of $2.98 on revenue of $4.87B.
DR Horton had beat expectations on Thursday with third quarter EPS of $3.06 on revenue of $7.28B, compared to forecast for EPS of $2.82 on revenue of $7.13B.
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