Trending: Honeywell Reports Higher 4Q Profit, Names CEO to Succeed Chairman
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Dow Jones
09:56 ET -- Honeywell is one of the most mentioned companies in the U.S. across all news items in the last 12 hours, according to Factiva data. The company posted a fourth-quarter profit of $1.26 billion, or $1.91 a share, up from a year ago, with revenue rising to $9.44 billion. The industrial conglomerate expects adjusted earnings in the range of $9.80 a share to $10.10 a share in 2024, with revenue between $38.1 billion and $38.9 billion. Honeywell also announced that Chief Executive Vimal Kapur will take on the additional role of board chairman in June after Executive Chairman Darius Adamczyk retires. Dow Jones & Co. owns Factiva.(zaeem.shoaib@wsj.com)
(END) Dow Jones Newswires
February 01, 2024 10:27 ET (15:27 GMT)
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