Honeywell Sweetens Its Outlook |
Forbes - Apr 23, 2010 |
The strength of Honeywell International’s first quarter emboldened the industrial conglomerate to raise its outlook.
Honeywell International ( HON - news - people ) reported sales of $7.8 billion, up 2.6% from $7.6 billion a year ago. Excluding a pension-related expense, earnings rose to 68 cents per share. With the expense included earnings came in at 50 cents per share.
Yahoo! BuzzSignificantly, cash flow from operations rose 117.9% to $743 billion, from $341 billion. Free cash flow, which is cash flow from operations less capital expenditures, rose 190.1% to $673 million, from $232 million.
Read Full Article from Forbes
- Posted: 2010-04-23 09:55:35
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