Honeywell International raised its 2026 outlook during its second-quarter earnings call, citing stronger-than-expected execution and a strategic shift toward becoming a pure-play automation company. The company reported adjusted earnings per share of $1.95 on revenue of $5.19 billion, both exceeding consensus estimates, while organic sales grew 4% and organic orders jumped 16%, driving a 9% increase in ending backlog. Management now expects full-year organic sales growth of 3% to 4%, segment margin expansion of 250 to 290 basis points, and adjusted EPS of $8.05 to $8.35, with second-half organic growth projected at 4% to 6%. The company also completed the acquisition of Johnson Matthey's Catalyst Technologies business to strengthen its Process Automation and Technology portfolio, and highlighted demand momentum across Building Automation, data centers, and LNG projects.
Honeywell International IncHoneywell raised its 2026 outlook and beat Q2 earnings estimates, with strong organic sales and order growth.
Johnson Matthey PLC