Investing.com - Honeywell (NYSE:HON) reported second quarter earnings that beat analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $2.1 on revenue of $9.24B. Analysts polled by Investing.com expected EPS of $2.08 on revenue of $9.35B. That compared to EPS of $2.12 on revenue of $10.92B in the same period a year earlier. The company had reported EPS of $1.92 on revenue of $8.88B in the previous quarter.
For the year, Honeywell shares are up 27.73%, outperforming the S&P 500 which is up 20.49% year to date.
Honeywell follows other major Capital Goods sector earnings this month
On Wednesday, ASML ADR reported second quarter EPS of $1.27 on revenue of $2.88B, compared to forecasts of EPS of $1.08 on revenue of $2.9B.
Fastenal earnings missed analyst's expectations on July 11, with second quarter EPS of $0.36 on revenue of $1.37B. Investing.com analysts expected EPS of $0.37 on revenue of $1.38B
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