2 Top Stocks Beating Wall Street’s Earnings Expectations

Honeywell International Inc. (NYSE:HON) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Net income increased to $251 million ($1.1 per diluted share) in the quarter versus a net loss of $310 million in the year-earlier quarter. Revenue rose 1.13% to $9.58 billion from the year-earlier quarter.

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Honeywell International Inc. reported adjusted net income of $1.1 per share. By that measure, the company beat the mean analyst estimate of $1.09. It beat the average revenue estimate of $9.51 billion.

HON

Cypress Semiconductor Corporation (NASDAQ:CY) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Net income decreased -75.29% to $7.97 million (5 cents per diluted share) in the quarter versus a net gain of $32.26 million in the year-earlier quarter. Revenue decreased 25.61% to $180.3 million from the year-earlier quarter.

Cypress Semiconductor Corporation reported adjusted net income of 5 cents per share. By that measure, the company beat the mean analyst estimate of $0.04. It beat the average revenue estimate of $178.08 million.

CY

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