Honeywell (HON) closed at $209.10 on Thursday, 5.1% lower on the day.
Honeywell’s stock price has decreased 0.29% so far this year, much less than the 12.4% advance registered by the overall Dow Jones Industrial Average (DJIA) index.
On Thursday, the DJIA fell by 0.33% to close at 42,374 points. The three leaders were Intel (INTC), Goldman Sachs (GS) and McDonald’s (MCD), while the three laggards were IBM (IBM), Honeywell (HON) and Verizon (VZ).
Honeywell released its latest earnings report from fiscal Q3 on Thursday, which showed that adjusted earnings per share (EPS) were at $2.58. This was 8 cents ahead of consensus. Revenue, meanwhile, hit $9.7 billion, which missed expectations by a whopping $200 million.
The next earnings report for Honeywell will be published in late January.
(An automation tool was used in creating this post.)
Source: https://www.fxstreet.com/news/honeywell-stock-closes-51-lower-on-thursday-202410242035