Investing.com - Honeywell (NYSE:HON) reported fourth quarter earnings that beat analysts' expectations on Friday and revenue that topped forecasts.
The firm reported earnings per share of $1.91 on revenue of $9.73B. Analysts polled by Investing.com expected EPS of $1.89 on revenue of $9.7B. That compared to EPS of $1.85 on revenue of $10.84B in the same period a year earlier. The company had reported EPS of $2.03 on revenue of $10.76B in the previous quarter.
For the year, Honeywell shares are up 8.71%, under-performing the S&P 500 which is up 9.58% year to date.
Honeywell follows other major Capital Goods sector earnings this month
On Wednesday, Boeing reported fourth quarter EPS of $5.48 on revenue of $28.34B, compared to forecasts of EPS of $4.57 on revenue of $26.88B.
3M earnings beat analyst's expectations on Tuesday, with fourth quarter EPS of $2.31 on revenue of $7.95B. Investing.com analysts expected EPS of $2.28 on revenue of $7.87B
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