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What to do with Honeywell stock after its sharp post-earnings pullback

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Club Earnings Nyheter

Jim Cramer,Investment Strategy,Markets

The industrial giant reported mixed third-quarter results compounded by a mixed outlook.

Dow stock Honeywell was one of the biggest drags on the 30-stock average Thursday after Club industrial giant reported mixed third-quarter results compounded by a mixed outlook. Revenue for the three months ended Sept. 30 rose 5.6% year-over-year to $9.73 billion but short of the LSEG compiled consensus estimate of $9.9 billion. Adjusted earnings per share increased 8.4% to $2.58 and beat the $2.50 consensus forecast.

Honeywell International Inc. signage is displayed on a monitor on the floor of the New York Stock Exchange in New York.was one of the biggest drags on the 30-stock average Thursday after Club industrial giant reported mixed third-quarter results compounded by a mixed outlook.

 

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