Home Topics Business Honeywell Reports Quarterly Earnings Down 9.7%

Honeywell Reports Quarterly Earnings Down 9.7%

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© Reuters. A Honeywell logo is featured on their booth during EBACE in Geneva

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(Reuters) – Honeywell International Inc (NYSE 🙂 reported a 9.7% decline in quarterly earnings on Friday, hurt by lower demand in its core aerospace business due to the coronavirus crisis.

Honeywell’s net income fell from $ 1.58 billion, or $ 2.21 per share, to $ 1.43 billion, or $ 2.03 per share, for the first quarter ended March 31.

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