HONEYWELL ANNOUNCES FOURTH QUARTER
AND FULL YEAR 2023 RESULTS; ISSUES 2024 GUIDANCE
- Fourth Quarter Earnings Per Share of $1.91 and Adjusted Earnings Per Share1
of $2.60, Above Midpoint of
Previous Guidance - Fourth Quarter Sales of $9.4 Billion, Reported Sales Up 3%, Organic1
Sales Up 2% - Full Year Operating Cash Flow of $5.3 Billion and Free Cash Flow1
of $4.3B, at High End of Previous Guidance - Deployed $8.3 Billion of Capital to Share Repurchases, Dividends, Capital Expenditures, and M&A in 2023
- Expect 2024 Adjusted Earnings Per Share2,3 of $9.80 – $10.10, Up 7% – 10%
- Vimal Kapur to Become Chairman of the Board; New Independent Lead Director Announced