Honeywell Aerospace cuts 2026 guidance after Q2 sales rise 5%, profit falls
Honeywell Aerospace reported second-quarter sales of $4.5 billion, up 5% from a year earlier, but net income fell to $256 million from $852 million and EPS fell to $0.78 from $2.66, partly due to $329 million of transaction costs. The company lowered its 2026 organic sales growth guidance to 4% to 5% from 7% to 9%, and its pro forma standalone adjusted EBIT guidance to $4.35 billion to $4.45 billion from $4.65 billion to $4.75 billion.
Key points
- Q2 sales were $4,522 million, up from $4,289 million; net income was $256 million versus $852 million; EPS was $0.78 versus $2.66.
- Full-year organic sales growth guidance was cut to 4% to 5% from 7% to 9%; pro forma standalone adjusted EBIT guidance was cut to $4.35 billion to $4.45 billion from $4.65 billion to $4.75 billion.
- On July 23, 2026, the board authorized a share repurchase program of up to $3.5 billion with no expiration date.
- On August 3, 2026, CEO James Currier received a one-time equity bridge award with a grant date value of $9,000,000.
The filing
Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.