Overview
- Honeywell now targets fourth-quarter adjusted EPS of $2.48 to $2.58 and revenue of $9.8 billion to $10.0 billion, both lower than prior views.
- Full-year 2025 guidance was reduced to adjusted EPS of $9.70 to $9.80 and revenue of $37.5 billion to $37.7 billion.
- The company expects a Q4 2025 one-time impact related to Flexjet litigation of about $310 million to sales as contra-revenue and about $370 million to operating income within Aerospace Technologies.
- Honeywell says the litigation charge will not affect its non-GAAP metrics, and it is in settlement discussions with Flexjet and other parties.
- Advanced Materials will be reported as discontinued operations following the Oct. 30 spin-off of Solstice Advanced Materials, and shares were down about 1.8% in premarket trading.