MORRIS PLAINS, N.J. (AP) _ Honeywell International Inc. (HON) on Friday reported first-quarter net income of $1.33 billion.
On a per-share basis, the Morris Plains, New Jersey-based company said it had net income of $1.71. Earnings, adjusted for non-recurring gains, came to $1.66 per share.
The results beat
The industrial conglomerate posted revenue of $9.49 billion in the period, also exceeding Street forecasts. Seven analysts surveyed by Zacks expected $9.33 billion.
Honeywell expects full-year earnings in the range of $6.90 to $7.10 per share.
Honeywell shares have increased nearly 7 percent since the beginning of the year, while the Standard & Poor's 500 index has climbed 5 percent. The stock has increased 7.5 percent in the last 12 months.
Keywords: Honeywell, Earnings Report
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