Honeywell Earnings Beat, Revenue Misses In Q3

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Honeywell announced earnings per share of $2.02 on revenue of $8.47B. Analysts polled by Investing.com anticipated EPS of $1.99 on revenue of $8.65B.

Honeywell shares are up 5% from the beginning of the year, still down 5.18% from its 52 week high of $236.79 set on August 2. They are under-performing the S&P 500 which is up 21.13% from the start of the year.

Honeywell’s report follows an earnings beat by ASML ADR on Wednesday, who reported EPS of $4.97 on revenue of $6.1B, compared to forecasts EPS of $4.61 on revenue of $6.19B.

Lam Research had beat expectations on Wednesday with first quarter EPS of $8.36 on revenue of $4.3B, compared to forecast for EPS of $8.23 on revenue of $4.32B.

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