Earnings
Home›Earnings›Results›Honeywell Aerospace shares fall after sales outlook cu…
Honeywell Aerospace shares fall after sales outlook cut and Q2 miss
The company lowered its full-year 2026 organic sales growth forecast to 4.0% to 5.0%, down from 7.0% to 9.0%.
Honeywell Aerospace Inc.'s shares fell after the aerospace spinoff reported results that missed analyst expectations and cut its outlook, according to Yahoo Finance.
In its second-quarter earnings report, released on Aug. 5, Honeywell Aerospace reported a miss versus analyst estimates for both revenue and earnings, and it also reduced its full-year 2026 organic sales growth forecast to 4.0% to 5.0%, from an earlier 7.0% to 9.0%.
Yahoo Finance also highlighted remarks from Jim Cramer, who said the company did not disclose supply-chain problems until it reported, and he criticized the wait as a suboptimal way to communicate the issue to shareholders.
Cramer said he would have preferred a preannouncement similar to IBM, and described the supply-chain issues as systemic and significant enough to raise questions about credibility.