Honeywell raises earnings view; cautions on global demand

The Charlotte, North Carolina-based company reported adjusted earnings per share of $2.51 for the first quarter, above the $2.21 average of analysts’ estimates and the high end of its own view. Sales rose 7.9% from a year earlier to $9.8 billion, exceeding analysts’ estimates of $9.6 billion, Honeywell said Tuesday in a statement.

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