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Honeywell raises full-year profit forecast betting on air travel recovery

reuters.com · 04/29/2022 06:34
Honeywell raises full-year profit forecast betting on air travel recovery

- Honeywell International Inc HON.N raised its full-year profit forecast on Friday, as a recovery in aviation markets due to a pickup in travel boosted demand for the company's parts, software and aftermarket services.

The company now expects full-year profit per share of between $8.50 and $8.80, higher than its previous forecast range of $8.40 to $8.70.




(Reporting by Shivansh Tiwary in Bengaluru; Editing by Krishna Chandra Eluri)

((Shivansh.Tiwary@thomsonreuters.com; +91 9708363192;))