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Honeywell International Inc. Bottom Line Advances In Q1

Honeywell International Inc. (HON) revealed a profit for its first quarter that increased from last year.

The company's profit totaled $1.58 billion, or $2.21 per share. This compares with $1.42 billion, or $1.92 per share, in last year's first quarter.

Analysts had expected the company to earn $1.95 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 4.7% to $8.46 billion from $8.88 billion last year.

Honeywell International Inc. earnings at a glance:

-Earnings (Q1): $1.58 Bln. vs. $1.42 Bln. last year.
-EPS (Q1): $2.21 vs. $1.92 last year.
-Analysts Estimate: $1.95
-Revenue (Q1): $8.46 Bln vs. $8.88 Bln last year.

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