Honeywell Reaffirms 2013 Earnings Guidance (HON)

Honeywell Reaffirms 2013 Earnings Guidance (HON)

RSS

Ahead of a meeting with investors on Wednesday, diversified manufacturer Honeywell International Inc. (HON) reaffirmed its earnings guidance for 2013.

The Morristown, New Jersey-based company expects its 2013 profit to rise between 6% and 11%; it looks for earnings to be between $4.75 and $4.95 per share.

Sales for the year are expected to rise 4% to 5% in a range between $39 billion and $39.5 billion.

On average, analysts are projecting Honeywell’s full-year earnings to be $4.94 per share with sales of $39.36 billion.

Honeywell shares were up 50 cents, or +0.71%, during Wednesday morning trading. The stock is up +23.26% over the past twelve months.

The Bottom Line
Shares of Honeywell (HON) have a dividend yield of 2.32% based on Wednesday’s intraday trading price of $70.80 and the company’s annualized dividend payout of $1.64 per share.

Honeywell International Inc. (HON) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

Free Updates

Join over 100,000 investors who get the latest news from Dividend.com.

Best Dividend Stocks

Looking for stocks that are poised for growth and pay solid dividends? Visit our list of the:

Best Dividend Stocks

Partner Center

Best CD Rates

Sitting on some extra cash and looking for the most current and profitable CD Rates?

Get The Best CD Rates

14 Day Free Trial

Earn more from your dividend portfolio within the next 14 days.

Sign Up Today