Honeywell Cuts Full-Year Revenue Forecast After Miss

www.oann.com | 5/24/2016 | Staff
fofo (Posted by) Level 3
(Reuters) – Diversified manufacturer Honeywell International Inc fell short of Wall Street estimates for quarterly revenue on Thursday and cut its full-year sales forecast, as its customers rein in spending amid a slowing global economy.

Honeywell’s diverse set of businesses, which range from warehouse automation equipment to catalysts used in gasoline production, are closely linked with the health of the global economy.

Honeywell - End - Sales - End - Shares

Honeywell cut the top end of its full-year sales forecast to $36.9 billion, while retaining the lower end at $36.7 billion, sending its shares down about 1%...
(Excerpt) Read more at: www.oann.com
Wake Up To Breaking News!
Sign In or Register to comment.

Welcome to Long Room!

Where The World Finds Its News!