© Reuters. FILE PHOTO: A logo of Honeywell is pictured on their booth during the European Business Aviation Convention & Exhibition in Geneva, Switzerland, May 22, 2017. REUTERS/Denis Balibouse/File Photo) is restructuring its business operations to three segments down from four to boost sales growth and reallocate capital, the industrial conglomerate said on Tuesday.The Charlotte, North Carolina-based company's shares were up 1.43%, at $189.17 before the bell.
Honeywell said its results for the third quarter would be in line with previously issued guidance ranges on its aviation business performance. It said earnings per share were expected to be within or above its previous estimates. In July, the company provided an adjusted earnings outlook for the third quarter between $2.15 and $2.25 per share.Comment Guidelines
We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
{username} Just Now Share Follow this postUnfollow this post Save Saved. See Saved Items . This comment has already been saved in your Saved Items Author's response{commentContent} Reply 00 Report {username} Just NowAuthor's response Share Follow this postUnfollow this post Save Saved. See Saved Items .
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: MarketWatch - 🏆 3. / 97 Read more »