What Happened
Aerospace Giant Posts Strong Earnings And Revenue Growth
Honeywell Aerospace Inc. has released its Q3 earnings, showing a significant increase in income to $726 million, or $2.29 per share, compared to $644 million, or $2.03 per share, last year. The company’s revenue also rose 2.4% to $4.644 billion. Excluding items, Honeywell Aerospace Inc. reported adjusted earnings of $2.21 per share. This growth may be a positive sign for the aerospace industry, according to the report from Unknown Source.