Honeywell: Details of Our Earnings Outlook at the Citi Global Industrials Conference
Honeywell (NYSE:HON), a diversified technology and manufacturing leader, is reaffirmed guidance for 2011. The conglomerate now expects revenues of $36.1 billion-36.7 billion on EPS of $0.96-$1.0. They see cash flow of $3.5 billion-$3.7 billion. 3Q11 sales are expected in the range of $9.1-9.4 billion, up 12-15% with healthy organic growth of 7 to 9%.
A real-time audio webcast of the presentation and related presentation materials for the Citi Global Industrials Conference will be posted to http://www.honeywell.com/investor prior to the presentation today at 3:55 PM EST.
Honeywell (NYSE:HON) stock is trading at $41.99 today, down 6.42%. Shares are down 21% year to date. The stock’s trading range for the year is between $41.62 and $62.28.