Diversified technology and manufacturing company Honeywell International, Inc. (HON) reported a rise in first-quarter 2013 net income attributable to the company to $966 million, or $1.21 per share, from last year's $823 million, or $1.04 per share. On average, 23 analysts polled by Thomson Reuters expected earnings per share of $1.14 for the quarter. Analysts' estimates typically exclude one-time items.
The firm clocked sales of $9.33 billion for the quarter, almost flat with the prior year, while 21 analysts estimated revenues of $9.44 billion for the quarter.
The company is updating its full-year 2013 forecast, now expecting proforma earnings per share between $4.80 and $4.95, versus its earlier $4.75 - $4.95 range. Sales for the year is currently projected to lie between $38.8 billion and $39.3 billion, compared with its prior range of $39.0 billion - $39.5 billion. Analysts estimate full-year earnings per share of $4.94 and revenues of $39.38 billion.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.