Honeywell completes 1-for-2 reverse stock split and raises earnings guidance
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Glonhui July 9|Honeywell has completed a 1-for-2 reverse stock split and raised its earnings guidance for the second half and full year of 2026. Honeywell expects its full-year adjusted earnings per share to be in the range of $7.9 to $8.3, a significant increase compared to the pre-split range of $3.95 to $4.15; adjusted earnings per share for the second half are expected to be between $4.4 and $4.7, previously forecasted at $2.2 to $2.35. Honeywell also expects full-year sales to be between $19.9 billion and $20.2 billion, and second half sales to range from $10.1 billion to $10.3 billion.
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