Honeywell lifts annual profit forecast ahead of aerospace spinoff

INVESTING.COMJun 8, 10:13 AM UTC

Key insights

  • Honeywell has raised its annual adjusted profit forecast for 2026, signaling improved operational performance and confidence in future earnings. This positive outlook, occurring ahead of its aerospace business spinoff, suggests resilience within its core industrial segments and could provide a modest bullish signal for related industrial stocks and the broader market, indicating potential for better-than-expected corporate earnings.
Honeywell lifts annual profit forecast ahead of aerospace spinoff

June 8 (Reuters) - Honeywell on Monday raised its annual adjusted profit forecast weeks ahead of the spinoff of its aerospace business.

The company now expects full-year 2026 adjusted profit to range between $10.35 and $10.65 per share, compared with the earlier forecast ranging $10.20 to $10.50 per share.

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