Advertisement
Singapore markets close in 1 hour 26 minutes

  • Straits Times Index

    3,298.44
    +25.72 (+0.79%)
     

  • Nikkei

    38,460.08
    +907.92 (+2.42%)
     

  • Hang Seng

    17,152.60
    +323.67 (+1.92%)
     

  • FTSE 100

    8,072.76
    +27.95 (+0.35%)
     

  • Bitcoin USD

    66,765.27
    +458.76 (+0.69%)
     

  • CMC Crypto 200

    1,418.44
    -5.66 (-0.40%)
     

  • S&P 500

    5,070.55
    +59.95 (+1.20%)
     

  • Dow

    38,503.69
    +263.71 (+0.69%)
     

  • Nasdaq

    15,696.64
    +245.33 (+1.59%)
     

  • Gold

    2,336.20
    -5.90 (-0.25%)
     

  • Crude Oil

    83.45
    +0.09 (+0.11%)
     

  • 10-Yr Bond

    4.5980
    -0.0250 (-0.54%)
     

  • FTSE Bursa Malaysia

    1,571.45
    +9.81 (+0.63%)
     

  • Jakarta Composite Index

    7,152.17
    +41.36 (+0.58%)
     

  • PSE Index

    6,572.75
    +65.95 (+1.01%)
     

Why Honeywell Stock Popped on Earnings

Rich Smith, The Motley Fool
·2-min read
Why Honeywell Stock Popped on Earnings

Shares of industrials giant Honeywell International (NASDAQ: HON) rose a respectable 3.6% in noonday trading (ET) Thursday after delivering a beat-and-raise quarter on Wall Street. Beating analyst forecasts for $1.93 per share in earnings, as calculated according to generally accepted accounting principles (GAAP), Honeywell earned $2.07 instead, with revenues of $8.9 billion likewise beating out expectations for $8.5 billion. Sales grew 6% in the quarter, and Honeywell vastly improved the profits it earns on those revenues.

Continue reading