Honeywell announced results for the fourth quarter and full year 2021 that met or exceeded the company’s guidance. Futurum’s principal analyst Daniel Newman dives into the latest results and what we can expect from them in 2022.
Honeywell Delivers 9% Sales Growth and Expands Operating Margin
Honeywell recently announced another set of stellar results for the third quarter that were driven by sales and increasing margin growth in all four segments the business reports. Futurum’s principal analyst Daniel Newman dives into the numbers and Honeywell’s evolution.
Honeywell Q2 Highlighted by Strong Execution and EPS Expansion
Honeywell saw a strong Q2 result highlighted by building, safety, and materials segments all outperforming as margin increased and EPS grew.
Honeywell Comes In Above Expectations as Software Helps Drive Growth
In the most recent quarter, Honeywell came in above guidance and flat YoY on revenue as the company is continuing its pivot to software.
Honeywell Finishes Year Strong, Pivoting Deeper into Tech
Honeywell capped off a challenging 2020 year with another outperformance heavily influenced by its diversification and tech pivot.