Honeywell ups 2026 profit outlook
Honeywell Technologies has raised its earnings forecast for 2026, supported by strong demand for its products in industrial automation and building management systems, despite quarterly profits falling short of analyst expectations. The building automation division saw organic sales grow by 9% and orders increase by 13%, particularly in data centers and healthcare sectors, while industrial automation experienced a 10% rise in demand. The company now expects adjusted earnings per share for 2026 to be in the range of $8.05 to $8.35, with organic sales expected to grow between 3% and 4%.
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