Honeywell Technologies Updates Full-Year Guidance After Reverse Stock Split

By Kelly Cloonan


Honeywell Technologies updated its full-year guidance to reflect its reverse stock split from last month.

The company, which provides services and products for the building and industrial sectors, said Wednesday it expects adjusted earnings per share of $7.90 to $8.30 for the full year, compared with its prior outlook of $3.95 to $4.15.

The updated guidance factors in the completion of the company's one-for-two reverse stock split, which cut down its outstanding common shares to 317 million shares from 634 million, as of June 29.

The company continues to expect sales of $19.9 billion to $20.2 billion for the year.


Write to Kelly Cloonan at kelly.cloonan@wsj.com


(END) Dow Jones Newswires

July 08, 2026 16:45 ET (20:45 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.

Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.

Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.

Popular

Sponsor Center