Honeywell delivers strong third quarter results and beats earnings guidance

Sales of $9.2 billion, reported sales up 3%, organic1 sales up 2% orders up 10%, backlog up 8% year over year to a record level of $31.4 billion aerospace sales up 18%, double-digit growth in both commercial aviation and defense and space operating margin up 140 basis points to 20.9%; segment margin1 up 80 basis points to 22.6% earnings per share of $2.27, exceeding high end of guidance range deployed $2.0 billion of capital, including repurchasing 5.3 million honeywell shares charlotte, n.c. , oct. 26, 2023 /prnewswire/ -- honeywell (nasdaq: hon) today announced results for the third quarter that met or exceeded the company's guidance.
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