Honeywell delivers strong third quarter results and beats guidance on segment margin and earnings; raises full year outlook

Operating margin up 90 basis points to 19.5%; segment margin1 up 60 basis points to 21.8%, exceeding high end of guidance range by 60 bps earnings per share of $2.28, adjusted eps1 of $2.25, exceeding high end of guidance range by 5 cents operating cash flow up 86% to $2.1 billion; free cash flow1 up 108% to $1.9 billion $1.2 billion of capital deployed to share repurchases, dividends, and capital expenditures company raises midpoint of organic sales growth, segment margin,2 and adjusted eps guidance2,3; reaffirms full-year free cash flow guidance charlotte, n.c. , oct. 27, 2022 /prnewswire/ -- honeywell (nasdaq: hon) today announced results for the third quarter, which met or exceeded the company's guidance.
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