Honeywell Earnings, Revenue Beat in Q1

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Honeywell announced earnings per share of $1.91 on revenue of $8.38B. Analysts polled by Investing.com anticipated EPS of $1.86 on revenue of $8.29B.

Honeywell shares are down 8% from the beginning of the year, still down 19.79% from its 52 week high of $236.79 set on August 2, 2021. They are outperforming the S&P 500 which is down 10.04% from the start of the year.

Honeywell’s report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of $3.05 on revenue of $24.38B, compared to forecasts EPS of $2.89 on revenue of $23.82B.

Union Pacific had beat expectations on April 21 with first quarter EPS of $2.57 on revenue of $5.86B, compared to forecast for EPS of $2.56 on revenue of $5.71B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar