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Honeywell International Inc. - Final Results


Honeywell International Inc. - Final Results
- Reported Fourth Quarter Earnings Per Share of $1.91 and Adjusted EPS¹ of$2.07
, Above High End of Guidance
- Delivered Fourth Quarter Operating Cash Flow of $2.8 Billion, Conversion of 205%, and Free Cash Flow of $2.5 Billion, Adjusted Conversion² of 170%
- Completed Three M&A Deals Aligned to Key Growth Vectors and Announced Agreement to Acquire Sparta Systems for $1.3 Billion
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CHARLOTTE, N.C., Jan. 29, 2021 /PRNewswire/ Honeywell
(NYSE: HON) today announced results for the fourth quarter and full year 2020 that exceeded investor expectations, as well as its outlook for 2021.
The company reported a fourth-quarter year-over-year sales decline of 6%, down 7% on an organic basis, and a full-year sales decline of 11% on a reported and organic basis. For the full year, operating margin contracted 120 basis points and segment margin contracted 70 basis points, with earnings per share of $6.72 and adju ....

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