Honeywell (NASDAQ: HON) reported its fourth quarter 2024 earnings outcomes in the present day.
Gross sales elevated 7% year-over-year to $10 billion. Natural gross sales development was 2%.
Internet revenue attributable to Honeywell was $1.28 billion in comparison with $1.26 billion final yr.
GAAP earnings per share was $1.96, up 3% YoY whereas adjusted EPS was $2.47, down 8% YoY.
For fiscal yr 2025, the corporate expects gross sales of $39.6-40.6 billion with natural gross sales development of 2-5%. Adjusted EPS is predicted to be $10.10-10.50, up 2-6%.
Honeywell introduced that it has accomplished its portfolio assessment and has determined to pursue a separation of its Automation and Aerospace companies. The deliberate separation, coupled with the beforehand introduced plan to spin Superior Supplies, will lead to three publicly listed corporations. The separation is meant to be accomplished within the second half of 2026.
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