Honeywell beats by $0.06, reports revs in-line; raises FY14 guidance, in-line (86.39)
Reports Q3 (Sep) earnings of $1.47 per share, including $0.04 from a lower tax rate, $0.06 better than the Capital IQ Consensus of $1.41; revenues rose 4.8% year/year to $10.11 bln vs the $10.04 bln consensus.
- Aerospace: sales ~flat, profit +8%
- Automation and Control Solutions: sales +9%, profit +11%
- Performance Materials and Tech: sales +7%, profit +8%