Honeywell delivers strong fourth quarter results, full year segment margin and earnings above high end of initial guidance despite significant headwinds; issues 2023 guidance

Fourth quarter sales of $9.2 billion, reported sales up 6%, organic 1 sales up 10% fourth quarter earnings per share of $1.51 and adjusted earnings per share 1 of $2.52, above midpoint of previous guidance full year operating cash flow of $5.3 billion and free cash flow 1 of $4.9 billion, at midpoint of previous guidance deployed $7.9 billion of capital to share repurchases, dividends, capital expenditures, and m&a in 2022, exceeded commitment of $4.0 billion in share repurchases expect 2023 adjusted earnings per share of $8.80 - $9.20, up 0% - 5% adjusted2,3, or up 7% - 11% excluding pension headwind charlotte, n.c. , feb. 2, 2023 /prnewswire/ -- honeywell (nasdaq: hon) today announced results for the fourth quarter and full year 2022 that met or exceeded the company's original guidance despite a challenging operating environment.
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