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Earnings documents stored for HON.
Investor releaseQuarter not tagged2026-09-03Brady Q4 Earnings Call Highlights
MarketBeat
Brady Q4 Earnings Call Highlights
Interested in Brady Corporation? Here are five stocks we like better. Record fiscal 2026 performance: Brady reported 10% fourth-quarter sales growth, 17.5% adjusted EPS growth to $1.48, higher gross margins and strong cash-flow gains. Printer sales rose 25% in the quarter, supporting organic growth and profitability. Honeywell acquisition reshapes the company: The newly acquired Productivity Solutions and Services business, renamed Intelligent Productivity Solutions (IPS), shifts Brady toward an industrial-technology model by adding scanners, mobile computing, software and services. Positive fiscal 2027 outlook: Brady forecasts adjusted EPS of $6.25–$6.75, about $1.15 billion in IPS revenue and approximately $0.80 of EPS accretion from IPS, with most benefits expected in the second half as integration progresses. Brady Corp Wires Up a Massive AI-Powered Breakout Brady (NYSE:BRC) reported record revenue and adjusted earnings per share for fiscal 2026, its sixth consecutive year of record earnings, as printer and specialty adhesive-material sales supported organic growth and margin expansion. The company also outlined its first full-year outlook following the acquisition of Honeywell’s Productivity Solutions and Services business, now called Intelligent Productivity Solutions, or IPS. Fiscal fourth-quarter sales increased 10% from the prior year, driven by 8.4% organic growth, a 1.1% contribution from acquisitions and a 0.5% benefit from foreign-currency translation, Chief Financial Officer Ann Thornton said. Adjusted diluted earnings per share rose 17.5% to $1.48, while GAAP diluted EPS was $0.96, compared with $1.04 a year earlier. → Boarding Call: EHang Secures First-Mover Altitude President and CEO Vineet Nargolwala, who succeeded retired former CEO Russell Shaller about three months earlier, said the recently closed IPS acquisition represents a shift in Brady’s positioning from a traditional industrial company toward an industrial technology company. The deal adds scanners, mobile computing, software and services to Brady’s existing portfolio of specialty materials, printers and consumables. “With the PSS acquisition closed as of a month ago, Brady is now pivoting from a classic industrial company to an industrial technology company,” Nargolwala said. → Medtronic’s Stars Are Aligning for a Price Recovery Fourth-quarter gross margin increased to 52.9% from…Read full documentShow less
Interested in Brady Corporation? Here are five stocks we like better. Record fiscal 2026 performance: Brady reported 10% fourth-quarter sales growth, 17.5% adjusted EPS growth to $1.48, higher gross margins and strong cash-flow gains. Printer sales rose 25% in the quarter, supporting organic growth and profitability. Honeywell acquisition reshapes the company: The newly acquired Productivity Solutions and Services business, renamed Intelligent Productivity Solutions (IPS), shifts Brady toward an industrial-technology model by adding scanners, mobile computing, software and services. Positive fiscal 2027 outlook: Brady forecasts adjusted EPS of $6.25–$6.75, about $1.15 billion in IPS revenue and approximately $0.80 of EPS accretion from IPS, with most benefits expected in the second half as integration progresses. Brady Corp Wires Up a Massive AI-Powered Breakout Brady (NYSE:BRC) reported record revenue and adjusted earnings per share for fiscal 2026, its sixth consecutive year of record earnings, as printer and specialty adhesive-material sales supported organic growth and margin expansion. The company also outlined its first full-year outlook following the acquisition of Honeywell’s Productivity Solutions and Services business, now called Intelligent Productivity Solutions, or IPS. Fiscal fourth-quarter sales increased 10% from the prior year, driven by 8.4% organic growth, a 1.1% contribution from acquisitions and a 0.5% benefit from foreign-currency translation, Chief Financial Officer Ann Thornton said. Adjusted diluted earnings per share rose 17.5% to $1.48, while GAAP diluted EPS was $0.96, compared with $1.04 a year earlier. → Boarding Call: EHang Secures First-Mover Altitude President and CEO Vineet Nargolwala, who succeeded retired former CEO Russell Shaller about three months earlier, said the recently closed IPS acquisition represents a shift in Brady’s positioning from a traditional industrial company toward an industrial technology company. The deal adds scanners, mobile computing, software and services to Brady’s existing portfolio of specialty materials, printers and consumables. “With the PSS acquisition closed as of a month ago, Brady is now pivoting from a classic industrial company to an industrial technology company,” Nargolwala said. → Medtronic’s Stars Are Aligning for a Price Recovery Fourth-quarter gross margin increased to 52.9% from 50.4% a year earlier. Thornton said the prior-year period included a 50-basis-point effect from facility-consolidation costs, while the latest quarter benefited by approximately $4 million from tariff refunds, net of incremental tariffs incurred. Excluding those items, gross margin expanded by 110 basis points. The company said its prior-year actions to streamline its footprint, including the closure of manufacturing facilities in Beijing and Buffalo, New York, continued to provide benefits. Adjusted for certain expenses, selling, general and administrative expense declined to 26.2% of sales from 26.8% in the prior-year fourth quarter. → Dutch Bros Sell-Off Creates a Growth Opportunity Printer unit sales increased 25% in the fourth quarter and 10% for the fiscal year. Thornton said printer and keyed-consumable sales together, which account for slightly more than 40% of Brady’s organic sales, grew nearly 10% organically during fiscal 2026. Operating cash flow rose 35.8% to $79.2 million in the fourth quarter, while free cash flow increased 22.9% to $60.7 million. At July 31, Brady had net cash of $172.2 million, more than double its net-cash position a year earlier, Thornton said. The company announced its 41st consecutive annual dividend increase. It also repurchased 333,000 shares for $28.1 million during the fourth quarter at an average price of $84.36 per share. For the full year, Brady repurchased 517,000 shares for $42.2 million and had $44 million remaining under its repurchase authorization. In the Americas and Asia region, organic sales grew 11.6% in the fourth quarter, with reported sales reaching a record $296.1 million. Including acquisitions and currency effects, regional sales rose 13.5%. Wire-identification sales, which represent 20% of sales in the region, grew nearly 20% in the quarter and 16% for the fiscal year. Organic sales rose 10.3% in the Americas and 20.3% in Asia. Segment profit increased 43.9% to $74.3 million, with margin reaching 25.1% of sales. Excluding the tariff-refund benefit, segment profit rose 36% and margin was 23.7%. Olivier Bojarski, president of Brady’s Americas and Asia operations and incoming leader of its Identification Solutions segment, cited data-center investment, manufacturing activity and construction as sources of demand. He said India posted 23% growth for the year after the company expanded manufacturing there about two years ago. Europe and Australia delivered 2.1% organic growth in the fourth quarter and 3.2% total sales growth, including a 1.1% currency benefit. Organic sales increased 2% in Europe and 3.1% in Australia. Segment profit rose 23.9% to $18.7 million, and segment margin improved to 13.3% from 11%. Nargolwala said European manufacturing remained a difficult market, though the company saw strength tied to defense spending and digital-passport regulations. He also said rising electronics, memory and diesel costs were affecting the business, while describing the European segment’s margin execution as strong. Beginning in fiscal 2027, Brady will report two segments: Identification Solutions, or IDS, which comprises the legacy Brady business, and Intelligent Productivity Solutions, or IPS, which consists of the former Honeywell business. Bojarski will lead IDS, while David Barker, formerly president of Honeywell’s PSS operation, will lead IPS. Brady expects IDS organic revenue growth of approximately 5% in fiscal 2027. It expects IPS to contribute approximately $1.15 billion in revenue, which Thornton said assumes low-single-digit growth on a trailing 12-month basis. Adjusted diluted EPS guidance: $6.25 to $6.75 Expected IPS EPS accretion: approximately $0.80 Expected IDS segment profit: approximately 20% of sales Expected IPS segment profit: low-double-digit percentage of sales, excluding one-time integration costs Expected depreciation expense: approximately $45 million Expected capital expenditures: approximately $40 million Expected full-year tax rate: approximately 21% The EPS outlook represents growth of 18.1% to 27.6% from fiscal 2026, according to Thornton. The company expects most of the IPS accretion to occur in the second half as it works through early integration activities. Nargolwala said Brady had identified approximately $25 million in synergies by the third year after the acquisition, but emphasized that the rationale for the transaction extends beyond cost savings. He cited opportunities to combine capabilities in healthcare, printing, scanning, RFID and software. Barker said IPS has invested in making its software portfolio interoperable across its offerings and hardware-agnostic, which he said expands the market for its solutions and increases their value to customers. He also said the company has addressed industry-wide memory supply constraints through product redesigns, new supplier qualifications and long-term contracts. Brady expects to reduce net leverage to below two times within the first two years following its ownership of IPS, while continuing to invest in growth, dividends and share repurchases, Thornton said. Brady Corporation is a global provider of identification and safety solutions, specializing in the design, manufacture and sale of products that help businesses improve safety, security and efficiency. The company offers an array of durable labels, signs, safety devices, printing systems and software platforms tailored to a wide range of industrial and commercial environments. Founded in 1914 by William H. Brady, Brady Corporation has grown from a regional marker manufacturer into a diversified global enterprise. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Brady Q4 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for September 2026.
Investor releaseQuarter not tagged2026-09-03Brady Corporation Q4 2026 Earnings Call Summary
Moby
Brady Corporation Q4 2026 Earnings Call Summary
Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Management is repositioning Brady from a classic industrial company to an industrial technology firm following the acquisition of Honeywell's Productivity Solutions and Services (PSS) business. The acquisition immediately secures the number 2 market position in the Automatic Identification and Data Capture (AIDC) sector, expanding the addressable market to $14 billion. Record performance was driven by 8.4% organic growth in the core business during the fourth quarter, while full year fiscal 2026 organic sales growth was 1.2%., particularly within wire identification for data centers and commercial construction. Gross profit margin expansion of 110 basis points (adjusted) resulted from a shift toward high-margin printers and specialty adhesive materials, alongside benefits from prior facility consolidations. The new organizational structure consists of two segments: Identification Solutions (IDS), representing the legacy business, and Intelligent Productivity Solutions (IPS), representing the acquired PSS business. Asia performance was notably strong with 20.3% organic growth, attributed to multi-year manufacturing investments in India and rising demand for data center infrastructure. Management highlighted a 'maniacal focus' on customer service and ease-of-use as the primary cultural differentiator they intend to bring to the newly acquired IPS segment. Fiscal 2027 guidance assumes approximately $1.15 billion in revenue from the IPS segment, reflecting low-single digit growth expectations as the business stabilizes under new ownership. Management expects $0.80 of EPS accretion from the IPS acquisition in the first year, with the majority of benefits weighted toward the second half of the fiscal year. Strategic focus for IPS will shift toward 'Intelligent' solutions, prioritizing software-agnostic hardware and interoperable digital portfolios to increase customer stickiness. Capital expenditure is projected to normalize to approximately $40 million, as the IPS business is inherently 'CapEx-light' and supported by a world-class manufacturing facility in Suzhou. The company targets reducing net leverage to below 2 times within the first two years post-acquisition while maintaining its 41-year streak of dividend…Read full documentShow less
Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Management is repositioning Brady from a classic industrial company to an industrial technology firm following the acquisition of Honeywell's Productivity Solutions and Services (PSS) business. The acquisition immediately secures the number 2 market position in the Automatic Identification and Data Capture (AIDC) sector, expanding the addressable market to $14 billion. Record performance was driven by 8.4% organic growth in the core business during the fourth quarter, while full year fiscal 2026 organic sales growth was 1.2%., particularly within wire identification for data centers and commercial construction. Gross profit margin expansion of 110 basis points (adjusted) resulted from a shift toward high-margin printers and specialty adhesive materials, alongside benefits from prior facility consolidations. The new organizational structure consists of two segments: Identification Solutions (IDS), representing the legacy business, and Intelligent Productivity Solutions (IPS), representing the acquired PSS business. Asia performance was notably strong with 20.3% organic growth, attributed to multi-year manufacturing investments in India and rising demand for data center infrastructure. Management highlighted a 'maniacal focus' on customer service and ease-of-use as the primary cultural differentiator they intend to bring to the newly acquired IPS segment. Fiscal 2027 guidance assumes approximately $1.15 billion in revenue from the IPS segment, reflecting low-single digit growth expectations as the business stabilizes under new ownership. Management expects $0.80 of EPS accretion from the IPS acquisition in the first year, with the majority of benefits weighted toward the second half of the fiscal year. Strategic focus for IPS will shift toward 'Intelligent' solutions, prioritizing software-agnostic hardware and interoperable digital portfolios to increase customer stickiness. Capital expenditure is projected to normalize to approximately $40 million, as the IPS business is inherently 'CapEx-light' and supported by a world-class manufacturing facility in Suzhou. The company targets reducing net leverage to below 2 times within the first two years post-acquisition while maintaining its 41-year streak of dividend increases. A $4 million net tariff refund positively impacted fourth-quarter gross margins, providing a non-recurring tailwind to the Americas and Asia region. Management identified industry-wide memory supply tightness as a headwind, responding with product redesigns and long-term supplier contracts to ensure availability. Rising input costs, specifically in electronics and diesel fuel linked to Middle East instability, are being managed through agile pricing adjustments and supply chain cost mitigation. One-time integration costs related to the IPS acquisition will be excluded from adjusted results in fiscal 2027 to provide a clearer view of underlying business performance. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here. Management noted that regional performance closely tracks local GDP; the US is benefiting from data center CapEx and manufacturing PMI expansion. Europe remains a tougher macro environment, though the company is finding growth niches in defense spending and new digital passport regulations. Growth was driven by the successful launch of new products like the i51 and increased automation demand in hyperscale data centers. Management emphasized that printer placements are a leading indicator for future high-margin printers and consumables together grew nearly 10% organically in fiscal 2026. The guide for low-double digit segment profit in IPS accounts for initial integration efforts and investments in R&D and sales coverage. Management confirmed the acquisition implies approximately $175 million of adjusted EBITDA for the upcoming year, consistent with the 8x valuation multiple. The AIDC space has consolidated into a few major players; Brady intends to compete by accelerating 'Brady speed' in decision-making and leading with RFID and software innovation. Management is moving the IPS segment away from pure hardware toward 'intelligent' solutions to differentiate from competitors.
Investor releaseQuarter not tagged2026-08-14PMGC Holdings Inc. [NASDAQ: ELAB] Reports Q2 2026 Results and Files Form 10-Q; Total Assets Reach $36.6 Million, Up 184% from Year-End 2025 and 290% Year-over-Year, as Quarterly Revenue Nearly Doubles Sequentially
GlobeNewswire
PMGC Holdings Inc. [NASDAQ: ELAB] Reports Q2 2026 Results and Files Form 10-Q; Total Assets Reach $36.6 Million, Up 184% from Year-End 2025 and 290% Year-over-Year, as Quarterly Revenue Nearly Doubles Sequentially
NEWPORT BEACH, Calif., Aug. 14, 2026 (GLOBE NEWSWIRE) -- PMGC Holdings Inc. (Nasdaq: ELAB) ("PMGC" or the "Company"), a diversified holding company, has filed its Quarterly Report on Form 10-Q (the "Quarterly Report") for the three and six months ended June 30, 2026, with the U.S. Securities and Exchange Commission ("SEC"). The Quarterly Report is available on the SEC's website at www.sec.gov under the Company's filings. Q2 2026 was a quarter of meaningful revenue and balance sheet growth, driven by the Company's operating platform and continued M&A execution, including the closing of the A&B Aerospace, Inc. ("A&B Aerospace") acquisition on May 11, 2026. A&B Aerospace is an AS9100D-certified precision machining and aerospace manufacturing company based in Southern California, serving Tier 1 customers including Boeing, Honeywell, and Moog. A&B Aerospace generated approximately $4.5 million in trailing-twelve-month revenue at closing and is cash-flow positive. Balance Sheet Highlights Total assets increased to approximately $36.6 million as of June 30, 2026, up 40% from approximately $26.0 million at March 31, 2026, up 184% from approximately $12.87 million at year-end 2025, and up 290% year-over-year. Shareholders' equity grew to approximately $17.4 million, up 38% from approximately $12.6 million at March 31, 2026, up 122% from year-end 2025, and up 92% year-over-year. Cash and cash equivalents ended the quarter at approximately $18.1 million, up from approximately $14.4 million at March 31, 2026 and approximately $5.4 million at year-end 2025, representing the largest cash balance in the Company's history. Net working capital improved to approximately $6.2 million, from approximately $5.1 million at March 31, 2026 and approximately $2.9 million at year-end 2025. Revenue Growth Q2 2026 revenue reflects contributions from all four operating manufacturing and packaging subsidiaries, with A&B Aerospace contributing a partial period following its closing on May 11, 2026. Revenue for the three months ended June 30, 2026 was approximately $1.31 million, compared to $nil for the same period in 2025. On a sequential basis, revenue grew approximately 92% from approximately $682,000 in the first quarter of 2026. Revenue for the six months ended June 30, 2026 was approximately $1.99 million, approximately 3.4 times the Company's entire FY2025 revenue of approximately $…Read full documentShow less
NEWPORT BEACH, Calif., Aug. 14, 2026 (GLOBE NEWSWIRE) -- PMGC Holdings Inc. (Nasdaq: ELAB) ("PMGC" or the "Company"), a diversified holding company, has filed its Quarterly Report on Form 10-Q (the "Quarterly Report") for the three and six months ended June 30, 2026, with the U.S. Securities and Exchange Commission ("SEC"). The Quarterly Report is available on the SEC's website at www.sec.gov under the Company's filings. Q2 2026 was a quarter of meaningful revenue and balance sheet growth, driven by the Company's operating platform and continued M&A execution, including the closing of the A&B Aerospace, Inc. ("A&B Aerospace") acquisition on May 11, 2026. A&B Aerospace is an AS9100D-certified precision machining and aerospace manufacturing company based in Southern California, serving Tier 1 customers including Boeing, Honeywell, and Moog. A&B Aerospace generated approximately $4.5 million in trailing-twelve-month revenue at closing and is cash-flow positive. Balance Sheet Highlights Total assets increased to approximately $36.6 million as of June 30, 2026, up 40% from approximately $26.0 million at March 31, 2026, up 184% from approximately $12.87 million at year-end 2025, and up 290% year-over-year. Shareholders' equity grew to approximately $17.4 million, up 38% from approximately $12.6 million at March 31, 2026, up 122% from year-end 2025, and up 92% year-over-year. Cash and cash equivalents ended the quarter at approximately $18.1 million, up from approximately $14.4 million at March 31, 2026 and approximately $5.4 million at year-end 2025, representing the largest cash balance in the Company's history. Net working capital improved to approximately $6.2 million, from approximately $5.1 million at March 31, 2026 and approximately $2.9 million at year-end 2025. Revenue Growth Q2 2026 revenue reflects contributions from all four operating manufacturing and packaging subsidiaries, with A&B Aerospace contributing a partial period following its closing on May 11, 2026. Revenue for the three months ended June 30, 2026 was approximately $1.31 million, compared to $nil for the same period in 2025. On a sequential basis, revenue grew approximately 92% from approximately $682,000 in the first quarter of 2026. Revenue for the six months ended June 30, 2026 was approximately $1.99 million, approximately 3.4 times the Company's entire FY2025 revenue of approximately $590,000. Q2 2026 reflects the trajectory the Company has been building toward: a diversified holding company with five acquired operating businesses spanning precision machining and aerospace manufacturing, specialty IT packaging, biosciences, and defense technology, supported by the strongest balance sheet in its history. PMGC believes the industries in which its subsidiaries operate, including the aerospace and defense supply chain and the semiconductor and data infrastructure markets, continue to benefit from durable, long-term demand drivers. The Company intends to continue pursuing strong, durable businesses within its current industries, while also evaluating opportunities in new industries and companies that it believes will be accretive and add long-term value for its shareholders. About PMGC Holdings Inc. PMGC Holdings Inc. is a diversified holding company that manages and grows its portfolio through strategic acquisitions, investments, and development across various industries. We are committed to exploring opportunities in multiple sectors to maximize growth and value. For more information, please visit https://www.pmgcholdings.com. Forward-Looking Statements Statements contained in this press release regarding matters that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Words such as "believes," "expects," "plans," "potential," "would" and "future" or similar expressions such as "look forward" are intended to identify forward-looking statements. Forward-looking statements are made as of the date of this press release and are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy, activities of regulators and future regulations and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results. Therefore, you should not rely on any of these forward-looking statements. These and other risks are described more fully in PMGC's filings with the United States Securities and Exchange Commission ("SEC"), including the "Risk Factors" section of the Company's Annual Report on Form 10-K for the year ended December 31, 2025, filed with the SEC on March 30, 2026, and its other documents subsequently filed with or furnished to the SEC. Investors and security holders are urged to read these documents free of charge on the SEC's web site at www.sec.gov. All forward-looking statements contained in this press release speak only as of the date on which they were made. Except to the extent required by law, the Company undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made. IR Contact: [email protected]
Investor releaseQuarter not tagged2026-08-12Quantinuum Stock Heads for Record After First Earnings Report Since IPO
Barrons.com
Quantinuum Stock Heads for Record After First Earnings Report Since IPO
Quantinuum topped analysts’ estimates in its first quarterly report as a public company, but the real story may not be in the numbers. As an early-stage company, Quantinuum’s revenue is heavily tied to individual contracts and milestone deliveries. The company “delivered a strong first quarter as a public company,” Jefferies analyst Kevin Garrigan said, noting that revenue, guidance, and bookings all came in ahead of Street estimates.
Investor releaseQuarter not tagged2026-08-06Why Honeywell Aerospace Stock Crashed After Earnings
Motley Fool
Why Honeywell Aerospace Stock Crashed After Earnings
Honeywell Aerospace (NASDAQ: HONA) stock plunged 20.8% through 9:50 a.m. ET in early trading on the Nasdaq Thursday, after missing on its first earnings report since spinning off from parent company Honeywell (NASDAQ: HON) in June. The supplier of airplane navigation systems, engines, and power systems was expected to report earnings of $2.13 per share in pro forma Q2 2026 results, but could only muster up $1.87. Revenue for the quarter was $4.5 billion. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue » Honeywell grew its sales 5%, relative to what it would have collected had it been a stand-alone company one year ago. Earnings for the quarter -- on the same metric -- declined 32% pro forma, while earnings calculated under generally accepted accounting principles (GAAP) tumbled 71%. The official GAAP profit per diluted share was only $0.78. So that's where things stand today. What about the future? "Secular trends across our end markets remain strong," and Honeywell Aerospace is seeing "significant customer demand," says CEO Jim Currier, albeit "supply constraints" are limiting sales growth for the time being. So even with backlog growing a stronger-than-sales-growth 9% in the quarter, Honeywell Aerospace is adopting a conservative stance in its guidance. It's lowering expectations, and telling investors to expect no more than 5% sales growth in the second half of this year, with H2 earnings of perhaps $7.75 per share and H2 free cash flow between $1 billion and $1.5 billion. Annualized, that makes for perhaps a 10 P/E stock -- but trading for closer to 20 times annual FCF, which I admit gives me pause. For the time being, I'm calling Honeywell Aerospace a "wait and see" stock. I'd hold it, but I wouldn't rush out and buy it just yet. Before you buy stock in Honeywell Aerospace, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Honeywell Aerospace wasn’t one of them. The 10 stocks that made the cut are built for long-term growth and could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if…Read full documentShow less
Honeywell Aerospace (NASDAQ: HONA) stock plunged 20.8% through 9:50 a.m. ET in early trading on the Nasdaq Thursday, after missing on its first earnings report since spinning off from parent company Honeywell (NASDAQ: HON) in June. The supplier of airplane navigation systems, engines, and power systems was expected to report earnings of $2.13 per share in pro forma Q2 2026 results, but could only muster up $1.87. Revenue for the quarter was $4.5 billion. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue » Honeywell grew its sales 5%, relative to what it would have collected had it been a stand-alone company one year ago. Earnings for the quarter -- on the same metric -- declined 32% pro forma, while earnings calculated under generally accepted accounting principles (GAAP) tumbled 71%. The official GAAP profit per diluted share was only $0.78. So that's where things stand today. What about the future? "Secular trends across our end markets remain strong," and Honeywell Aerospace is seeing "significant customer demand," says CEO Jim Currier, albeit "supply constraints" are limiting sales growth for the time being. So even with backlog growing a stronger-than-sales-growth 9% in the quarter, Honeywell Aerospace is adopting a conservative stance in its guidance. It's lowering expectations, and telling investors to expect no more than 5% sales growth in the second half of this year, with H2 earnings of perhaps $7.75 per share and H2 free cash flow between $1 billion and $1.5 billion. Annualized, that makes for perhaps a 10 P/E stock -- but trading for closer to 20 times annual FCF, which I admit gives me pause. For the time being, I'm calling Honeywell Aerospace a "wait and see" stock. I'd hold it, but I wouldn't rush out and buy it just yet. Before you buy stock in Honeywell Aerospace, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Honeywell Aerospace wasn’t one of them. The 10 stocks that made the cut are built for long-term growth and could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $400,155!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,345,502!* That performance is why people listen. With a track record of beating the S&P 500 by 4x, Stock Advisor offers a distinct advantage. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built for the long haul. See the 10 stocks » *Stock Advisor returns as of August 6, 2026. Rich Smith has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Honeywell Aerospace and Honeywell Technologies. The Motley Fool has a disclosure policy. Why Honeywell Aerospace Stock Crashed After Earnings was originally published by The Motley Fool
Investor releaseQuarter not tagged2026-08-06Honeywell Aerospace Q2 Earnings Call Highlights
MarketBeat
Honeywell Aerospace Q2 Earnings Call Highlights
Interested in Honeywell Aerospace? Here are five stocks we like better. Honeywell Aerospace reported solid demand but weaker execution: Q2 organic sales rose 5% to $4.5 billion and orders grew 8%, but supply-chain constraints limited production and pushed adjusted EBIT down 2% year over year. Full-year guidance was reduced: The company now expects 2026 organic sales growth of 4%–5%, adjusted EBIT of $4.35 billion–$4.45 billion and adjusted EPS of $7.60–$7.90, reflecting slower production recovery, a $50 million inventory charge and a less profitable sales mix. Management is investing heavily to improve supply resilience: Honeywell is adding suppliers, tooling and internal capacity, with the largest benefits expected in 2027. Despite near-term bottlenecks, the company secured $15 billion in lifetime customer wins this year, including major IndiGo and defense awards. Honeywell Aerospace (NASDAQ:HONA) reported 5% organic sales growth in the second quarter of 2026, but reduced its full-year outlook as supply-chain bottlenecks continued to limit production and shift sales toward lower-margin original-equipment and domestic defense programs. The aerospace business, which completed its spin-off from Honeywell on June 29, held its first dedicated earnings call as an independent public company. Chief Executive Officer Jim Currier said demand remains strong across commercial aviation, aftermarket, defense and space markets, but the company did not achieve the production ramp it expected earlier in the year. → SpaceX’s First Earnings Report Could Decide Whether Shorts or Bulls Have Control “Frankly, I underestimated how long it would take to implement and see traction from the corrective measures we had taken and are taking,” Currier said. He characterized the issue as concentrated among a small portion of the supplier base rather than a broader operational problem. Second-quarter sales totaled $4.5 billion, rising 5% organically from the prior-year period. Orders increased 8% over the past year, producing a 1.1 book-to-bill ratio, according to Chief Financial Officer Josh Jepsen. → 3 Drone Stocks That Should Soar After the Summer Slump Adjusted EBIT was $1 billion, down 2% year over year. The result included an approximately $50 million inventory-obsolescence charge. Excluding that charge, adjusted EBIT would have increased 3%, Jepsen said. Adjusted earnings per share…Read full documentShow less
Interested in Honeywell Aerospace? Here are five stocks we like better. Honeywell Aerospace reported solid demand but weaker execution: Q2 organic sales rose 5% to $4.5 billion and orders grew 8%, but supply-chain constraints limited production and pushed adjusted EBIT down 2% year over year. Full-year guidance was reduced: The company now expects 2026 organic sales growth of 4%–5%, adjusted EBIT of $4.35 billion–$4.45 billion and adjusted EPS of $7.60–$7.90, reflecting slower production recovery, a $50 million inventory charge and a less profitable sales mix. Management is investing heavily to improve supply resilience: Honeywell is adding suppliers, tooling and internal capacity, with the largest benefits expected in 2027. Despite near-term bottlenecks, the company secured $15 billion in lifetime customer wins this year, including major IndiGo and defense awards. Honeywell Aerospace (NASDAQ:HONA) reported 5% organic sales growth in the second quarter of 2026, but reduced its full-year outlook as supply-chain bottlenecks continued to limit production and shift sales toward lower-margin original-equipment and domestic defense programs. The aerospace business, which completed its spin-off from Honeywell on June 29, held its first dedicated earnings call as an independent public company. Chief Executive Officer Jim Currier said demand remains strong across commercial aviation, aftermarket, defense and space markets, but the company did not achieve the production ramp it expected earlier in the year. → SpaceX’s First Earnings Report Could Decide Whether Shorts or Bulls Have Control “Frankly, I underestimated how long it would take to implement and see traction from the corrective measures we had taken and are taking,” Currier said. He characterized the issue as concentrated among a small portion of the supplier base rather than a broader operational problem. Second-quarter sales totaled $4.5 billion, rising 5% organically from the prior-year period. Orders increased 8% over the past year, producing a 1.1 book-to-bill ratio, according to Chief Financial Officer Josh Jepsen. → 3 Drone Stocks That Should Soar After the Summer Slump Adjusted EBIT was $1 billion, down 2% year over year. The result included an approximately $50 million inventory-obsolescence charge. Excluding that charge, adjusted EBIT would have increased 3%, Jepsen said. Adjusted earnings per share were $1.78, declining from the prior-year period due to higher taxes related to the separation and lower adjusted EBIT. Commercial original-equipment sales increased 6%, supported by double-digit growth in commercial air transport. Commercial aftermarket sales rose 8%, with strength in commercial air transport and business aviation. Defense and space sales increased 3%, as high-single-digit growth in U.S. sales was partly offset by material shortages that limited international deliveries. → The Bitcoin Comeback May Already Be Underway—2 ETFs for Exposure Jepsen said business-aviation flight hours grew at a high-single-digit rate during the quarter. He also said the Middle East conflict and higher fuel prices did not materially affect aftermarket demand in the second quarter. Management repeatedly emphasized that the company’s challenge is supply rather than demand. Currier said Honeywell Aerospace has more than 3,000 suppliers and that roughly 98% are performing well, while a small group of constrained or critical suppliers is having an outsized effect on output. Mechanical supply categories under pressure include castings, forgings, complex machining and bearings, Jepsen said. Honeywell Aerospace now expects 2026 organic sales growth of 4% to 5%. The revised outlook assumes year-over-year output growth in the third and fourth quarters similar to the approximately 4% growth achieved in the second quarter, rather than the accelerating production ramp management had previously anticipated. The company expects third-quarter sales to be flat to slightly higher than the prior-year period, reflecting a difficult comparison in the commercial aftermarket. Fourth-quarter growth is expected to be more in line with the full-year outlook. By end market, the company expects: Commercial OE growth at a mid-single-digit rate, led by commercial air transport. Commercial aftermarket growth in the low-to-mid-single digits, constrained by mechanical supply availability, particularly in spares. Defense and space growth in the mid-single digits, with domestic growth outpacing international sales. Pro forma standalone adjusted EBIT is now projected at $4.35 billion to $4.45 billion. Jepsen said the lower range reflects the $50 million inventory-obsolescence charge and a mix shift from higher-margin commercial aftermarket and international defense activity toward lower-margin OE and domestic defense shipments. The company introduced pro forma standalone adjusted EPS guidance of $7.60 to $7.90. It maintained its second-half free-cash-flow expectation of $1 billion to $1.5 billion and expects approximately $650 million in capital expenditures. Management said it is increasing investment in supply resiliency, including multi-sourcing, in-sourcing, supplier tooling and internal manufacturing capacity. The company added new sources for more than 50 constrained parts during the first half and plans to add another 50 in the second half. It expects the effort to increase the number of multi-source components by 15% this year. Currier said the company is embedding resources at suppliers with labor bottlenecks, an effort that contributed to a 20% quarter-over-quarter output increase at one key supplier. Jepsen said 70% of increased supplier-tooling investment is directed to constrained castings, while the company expects investment in multi-sourcing and in-sourcing to be four times greater in 2026 than in the prior year. The company is also expanding internal capacity, including a new Arizona production line for its Assure electromechanical actuation system and an expansion of its Minnesota facility for inertial-sensing components used in navigation systems. Currier said the company expects its supply-chain actions to have a more meaningful effect in 2027, enabling additional output and a greater allocation of supply to commercial aftermarket and international defense markets. Honeywell Aerospace reiterated its 2030 financial targets. Despite the near-term production constraints, the company highlighted several recent awards. Currier said Honeywell Aerospace has secured $15 billion in lifetime customer wins year to date, adding to more than $90 billion in commercial and defense platform-content wins over the prior four years. Among the largest recent awards, IndiGo selected Honeywell Aerospace avionics and auxiliary power units for more than 800 future Airbus A320-family aircraft. Currier called it the company’s largest selectable-equipment win in its history. Aeroméxico also selected Honeywell’s Surface Alert, or SURF-A, runway-safety system for its Boeing 737 fleet of more than 100 aircraft. The software upgrade provides aural and visual alerts to pilots when aircraft or vehicles may be on a collision trajectory during taxi, takeoff or landing. In defense, the company said its 2024 acquisition of Italy-based Civitanavi is expected to double sales in 2026 from the prior year. Currier said the acquisition expands the company’s European manufacturing footprint and adds inertial-navigation technology for missile programs, unmanned platforms and maritime and land vehicles operating in environments where GPS signals may be disrupted. Currier said the company’s immediate priority is restoring predictable output. “We must and will improve our execution and performance,” he said. Honeywell Aerospace Inc manufactures and supplies aircraft components, avionics, engines, and systems for airframe manufacturing, commercial airline, military and defense, business aviation, and space markets, as well as other markets in the aerospace industry. The company offers actuation products, air and thermal management products, auxiliary power units, cabin management and entertainment products, cockpit systems and displays, electric power products, engines, health and usage monitoring products, lighting products, microelectronics, navigation products and radios, recorders and transmitters, satellite communications, sensors, space products, terrain and traffic awareness, vehicle turbochargers, weather radars, and wheels and braking systems. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Honeywell Aerospace Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for August 2026.
Investor releaseQuarter not tagged2026-08-06Honeywell Aerospace Stock Plunges. Its First Standalone Quarter Was a Mess.
Barrons.com
Honeywell Aerospace Stock Plunges. Its First Standalone Quarter Was a Mess.
Honeywell Aerospace cut full year 2026 financial guidance while many of its peers are increasing their outlooks.
Investor releaseQuarter not tagged2026-08-05Honeywell Aerospace Cuts Full-Year Growth Guidance as Supply Constraints Dampen Second-Quarter Sales
The Wall Street Journal
Honeywell Aerospace Cuts Full-Year Growth Guidance as Supply Constraints Dampen Second-Quarter Sales
The company now expects organic growth of 4% to 5% for the full year, down from its prior forecast of 7% to 9%.
Investor releaseQuarter not tagged2026-08-05Honeywell Aerospace reports second quarter results; updates 2026 outlook
PR Newswire
Honeywell Aerospace reports second quarter results; updates 2026 outlook
Sales of $4.5 billion, reported and organic1 sales up 5% year over year Net income of $0.3 billion and adjusted EBIT1 of $1.0 billion, excluding pro forma standalone adjustments Revises full-year sales and pro forma standalone adjusted EBIT1 guidance and issues full-year pro forma standalone adjusted earnings per share1 guidance Completed spin-off from Honeywell Technologies on June 29 PHOENIX, Aug. 5, 2026 /PRNewswire/ -- Honeywell Aerospace (Nasdaq: HONA) today announced results for the second quarter following the completion of its spin-off from Honeywell International Inc. ("Honeywell Technologies", Nasdaq: HON). The company also updated its full-year 2026 outlook for organic1 sales and pro forma standalone adjusted EBIT1, initiated full-year 2026 pro forma standalone adjusted earnings per share1 guidance, and maintained its second half 2026 free cash flow1 guidance range. "Our successful separation marks an important milestone for Honeywell Aerospace, and we enter this next chapter with solid momentum. We delivered mid-single-digit sales growth in our final quarter as a segment of Honeywell as the significant customer demand for our mission-critical portfolio continues. Secular trends across our end markets remain strong while supply constraints limited output growth in the quarter," said Jim Currier, Chief Executive Officer of Honeywell Aerospace. "As we establish Honeywell Aerospace as a standalone company, we will harness our increased financial flexibility and leverage our Honeywell Aerospace Operating System to drive greater innovation, more resilient output, and above market growth over time." Currier continued, "For the second half of 2026, we believe it is prudent to align our guidance to our supply chain's demonstrated capabilities at the end of the second quarter. At the same time, we are taking the strategic and tactical actions necessary to position Honeywell Aerospace for accelerating growth and compelling financial performance. We are committed to delivering on the 2030 targets laid out at Investor Day in June, and we are moving with the speed and urgency required for improved performance in 2027 and beyond." Recent Honeywell Aerospace highlights Honeywell Aerospace hosted its inaugural Investor Day in Phoenix on June 3, during which it presented its three strategic priorities for creating substantial value: expand leadership in attractive…Read full documentShow less
Sales of $4.5 billion, reported and organic1 sales up 5% year over year Net income of $0.3 billion and adjusted EBIT1 of $1.0 billion, excluding pro forma standalone adjustments Revises full-year sales and pro forma standalone adjusted EBIT1 guidance and issues full-year pro forma standalone adjusted earnings per share1 guidance Completed spin-off from Honeywell Technologies on June 29 PHOENIX, Aug. 5, 2026 /PRNewswire/ -- Honeywell Aerospace (Nasdaq: HONA) today announced results for the second quarter following the completion of its spin-off from Honeywell International Inc. ("Honeywell Technologies", Nasdaq: HON). The company also updated its full-year 2026 outlook for organic1 sales and pro forma standalone adjusted EBIT1, initiated full-year 2026 pro forma standalone adjusted earnings per share1 guidance, and maintained its second half 2026 free cash flow1 guidance range. "Our successful separation marks an important milestone for Honeywell Aerospace, and we enter this next chapter with solid momentum. We delivered mid-single-digit sales growth in our final quarter as a segment of Honeywell as the significant customer demand for our mission-critical portfolio continues. Secular trends across our end markets remain strong while supply constraints limited output growth in the quarter," said Jim Currier, Chief Executive Officer of Honeywell Aerospace. "As we establish Honeywell Aerospace as a standalone company, we will harness our increased financial flexibility and leverage our Honeywell Aerospace Operating System to drive greater innovation, more resilient output, and above market growth over time." Currier continued, "For the second half of 2026, we believe it is prudent to align our guidance to our supply chain's demonstrated capabilities at the end of the second quarter. At the same time, we are taking the strategic and tactical actions necessary to position Honeywell Aerospace for accelerating growth and compelling financial performance. We are committed to delivering on the 2030 targets laid out at Investor Day in June, and we are moving with the speed and urgency required for improved performance in 2027 and beyond." Recent Honeywell Aerospace highlights Honeywell Aerospace hosted its inaugural Investor Day in Phoenix on June 3, during which it presented its three strategic priorities for creating substantial value: expand leadership in attractive end markets, invest in differentiated technology platforms and strengthen operational capabilities to unlock further growth. The Honeywell Aerospace Operating System, with its standardized approach to decision-making, problem solving and communicating, is being rolled out across the company. Several critical supply chain actions are underway, including: Year to date, the company has secured $15 billion of new wins (estimated lifetime value) highlighted by the following announcements: Summary financial results Honeywell Aerospace sales for the second quarter increased 5% on a reported and organic1 basis year over year. Backlog grew to $18.2 billion at quarter end, up 9% from the prior year, and trailing twelve-months orders were up 8%, led by continued strength in Defense and Space. Adjusted EBIT was down 7%, including approximately $100 million of separation-related costs and inventory obsolescence charges. End market salesCommercial Aftermarket sales of $2.0 billion grew 8% year over year, driven by broad-based demand across the installed base, including higher business aviation flight hours. Commercial Original Equipment sales were up 6% to $0.7 billion as commercial air transport shipments recoupled to increased customer build schedules. Defense and Space sales of $1.8 billion expanded 3%, as increased domestic volumes were partially offset by lower international volumes due to supply constraints and the wind-down of a restricted government program. 2026 outlookBased on second quarter results and current business trends, Honeywell Aerospace updated its prior full-year and second half guidance ranges. Segment results Electronic Solutions sales grew 8% year over year on a reported and organic basis¹, led by strength in Defense and Space and Commercial Aftermarket. Segment adjusted EBIT¹ decreased by 3% year over year as higher volumes and pricing were more than offset by unfavorable mix and higher costs. Engines and Power Systems sales increased 1% year over year on a reported and organic basis¹ with higher Commercial Original Equipment shipments offset by lower Defense and Space shipments. Segment adjusted EBIT¹ decreased 32% year over year as unfavorable mix and higher costs more than offset price. Control Systems sales increased 7% year over year on a reported and organic basis¹, led by Commercial Aftermarket. Segment adjusted EBIT¹ increased 8% year over year as price more than offset higher costs. Conference call detailsHoneywell Aerospace will discuss its second quarter results and full-year 2026 guidance during an investor conference call starting at 5:00 pm EDT today. A live webcast of the investor call as well as related presentation materials will be available through the Investor Relations section of the company's website (investor.honeywellaerospace.com). A replay of the webcast will be available for 30 days following the presentation. About Honeywell AerospaceHoneywell Aerospace (Nasdaq: HONA) is an independent global aerospace and defense company whose critical technologies are broadly deployed on the world's leading commercial air transport, business aviation, defense and space platforms. These integrated solutions enable safer, more efficient, and more reliable missions. Headquartered in Phoenix, Arizona, the company employs more than 36,000 people globally and supports more than 10,000 customers. With a broad portfolio spanning avionics and navigation systems, engines and power systems, and control systems for aircraft, Honeywell Aerospace combines commitment and deep engineering expertise to drive innovation and long-term value for the aerospace industry. For more information, visit www.honeywellaerospace.com or follow Honeywell Aerospace on LinkedIn. Additional information Honeywell Aerospace uses our Investor Relations website, investor.honeywellaerospace.com, as a means of disclosing information which may be of interest or material to our investors and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our Investor Relations website, in addition to following our press releases, SEC filings, public conference calls, webcasts, public conference calls, and webcasts. Forward-looking statementsWe describe many of the trends and other factors that drive our business and future results in this release. These discussions contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Forward-looking statements are those that address activities, events, or developments that management intends, expects, projects, believes, estimates, forecasts, or anticipates will or may occur in the future. They are based on management's assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments, and other relevant factors, many of which are difficult to predict and outside of our control. Forward-looking statements are not guarantees of future performance, and actual results may differ materially from those reflected in such statements. Important factors that could cause Honeywell Aerospace's actual results to differ materially from those projected in any forward-looking statements include, but are not limited to: (i) risks relating to Honeywell Aerospace's spin-off from Honeywell International Inc., including our ability to realize the anticipated benefits of operating as an independent public company; (ii) supply chain disruptions, including constraints on or changes in the price or availability of raw materials and components; (iii) our ability to successfully develop new technologies and introduce new products; (iv) our ability to compete successfully in the markets in which we operate; (v) changes in demand for our products and services, including conditions in the commercial aerospace, business aviation, and defense and space markets; (vi) changes in government spending and risks associated with our government contracts; and (vii) other economic, business, competitive, regulatory, geopolitical, and market factors described in our filings with the Securities and Exchange Commission ("SEC"). These forward-looking statements should be considered in light of the information included in this release, our Registration Statement on Form 10 (File No. 001-43173), including the Information Statement dated June 15, 2026 contained therein, and our other filings with the SEC. In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this release can or will be achieved. Any forward-looking plans described herein are not final and may be modified or abandoned at any time. We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law. This release contains financial measures presented on a non-GAAP basis. Honeywell Aerospace's non-GAAP financial measures used in this release are as follows: Organic sales growth,Adjusted EBIT,Pro forma standalone adjusted EBIT,Adjusted earnings per share,Pro forma standalone adjusted earnings per share,Free cash flow, andSegment adjusted EBIT. Management believes that, when considered together with reported amounts, these measures are useful to investors and management in understanding our ongoing operations and in the analysis of ongoing operating trends. These measures should be considered in addition to, and not as replacements for, the most comparable GAAP measure. Certain measures presented on a non-GAAP basis represent the impact of adjusting items net of tax. The tax-effect for adjusting items is determined individually and on a case-by-case basis. Refer to the Appendix attached to this release for reconciliations of non-GAAP financial measures to the most directly comparable GAAP measures. Non-GAAP Financial Measures The following information provides definitions and reconciliations of certain non-GAAP financial measures presented in this press release to which this reconciliation is attached to the most directly comparable financial measures calculated and presented in accordance with generally accepted accounting principles (GAAP). Management believes that, when considered together with reported amounts, these measures are useful to investors and management in understanding our ongoing operations and in the analysis of ongoing operating trends. Management believes these non‑GAAP financial measures provide investors with useful supplemental information related to our performance period to period, align the measures to how management evaluates performance internally, and make it easier for investors to compare our performance to peers. These measures should be considered in addition to, and not as replacements for, the most comparable GAAP measure. Certain measures presented on a non-GAAP basis represent the impact of adjusting items net of tax. The tax-effect for adjusting items is determined individually and on a case-by-case basis. Other companies may calculate these non-GAAP measures differently, limiting the usefulness of these measures for comparative purposes. Management does not consider these non-GAAP measures in isolation or as an alternative to financial measures determined in accordance with GAAP. The principal limitations of these non-GAAP financial measures are that they exclude significant expenses and income that are required by GAAP to be recognized in the consolidated financial statements. In addition, they are subject to inherent limitations as they reflect the exercise of judgments by management about which expenses and income are excluded or included in determining these non-GAAP financial measures. Investors are urged to review the reconciliation of the non-GAAP financial measures to the comparable GAAP financial measures and not to rely on any single financial measure to evaluate Honeywell Aerospace's business. Information reconciling forward-looking GAAP financial measures to non-GAAP financial measures related to full-year 2026 guidance, including organic sales growth, pro forma standalone adjusted EBIT, pro forma standalone adjusted earnings per share, and second half free cash flow, is not available because management cannot reliably predict or estimate certain items without unreasonable effort. These items include fluctuations in global currency market; the timing, occurrence and impact of acquisition and divestiture transactions; pension mark-to-market expense as it is dependent on macroeconomic factors, such as interest rates and the return generated on invested pension plan assets; and the timing of working capital cash flows and capital expenditures. The information that is unavailable to provide a quantitative reconciliation could have a significant impact on our reported financial results. We define organic sales percent change as the year-over-year change in reported Net sales relative to the comparable period, excluding the impact on sales from foreign currency translation and acquisitions, net of divestitures, for the first 12 months following the transaction date, and other items that are unusual and non-recurring in nature (e.g., impact of comprehensive settlement related to Flexjet litigation). We believe this measure is useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends. We define organic sales percentage as the year-over-year change in reported Net sales relative to the comparable period, excluding the impact on sales from foreign currency translation and acquisitions, net of divestitures, for the first 12 months following the transaction date, and other items that are unusual and non-recurring in nature (e.g., impact of comprehensive settlement related to Flexjet litigation). We believe this measure is useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends. We define Total segment profit as Net income, excluding taxes, interest, amortization of acquisition-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, and other items within Other expense, net. We define adjusted EBIT as net income before taxes, excluding interest, amortization-related intangibles, stock compensation expense, environmental expense, pension income (expense), repositioning and other charges, transaction costs, expenses associated with the Honeywell trademark license, other items within Other expense, net, and other items that are unusual or non-recurring in nature, including but not limited to impairment charges and litigation charges (e.g., comprehensive settlement related to Flexjet litigation). We believe these measures are useful to investors as they provide greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as understanding ongoing operating trends. We define adjusted earnings per share as diluted earnings per share adjusted to exclude various charges as listed above. We believe adjusted earnings per share is a measure that is useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends. View original content:https://www.prnewswire.com/news-releases/honeywell-aerospace-reports-second-quarter-results-updates-2026-outlook-302844037.html
Investor releaseQuarter not tagged2026-08-05TAT Technologies Q2 Earnings Call Highlights
MarketBeat
TAT Technologies Q2 Earnings Call Highlights
Interested in TAT Technologies Ltd.? Here are five stocks we like better. Record Q2 performance: Revenue rose 23% year over year to $52.9 million, while adjusted net income excluding a one-time gain reached $4.6 million, or $0.35 per diluted share. TAT ended June with a record $650 million backlog and long-term agreements. Honeywell relationship expanded: TAT became Honeywell Aerospace’s sole global authorized distributor for spare parts for the 331-200/250 APU platform, extended its MRO license through 2036 and acquired three 131-9A APUs for trading and leasing. Supply-chain and cash-flow pressures remain: Landing-gear and OEM component shortages continue, prompting higher inventory investments and procurement costs. Operating cash flow turned negative during the quarter, although TAT maintained $43 million in net cash and secured a new $100 million revolving credit facility. TAT Technologies (NASDAQ:TATT) reported record second-quarter results for 2026 as improving supply-chain conditions helped the aviation aftermarket company convert previously constrained demand into revenue. Management said the company ended June with a record $650 million backlog and long-term agreements, while expanding its relationship with Honeywell Aerospace. Second-quarter revenue rose nearly 23% year over year to $52.9 million from $43.1 million. Gross profit increased 23% to $13.3 million, with gross margin remaining above 25%. Operating income reached $5.6 million, or 10.6% of revenue, compared with $4.4 million, or 10.3% of revenue, a year earlier. → SpaceX’s First Earnings Report Could Decide Whether Shorts or Bulls Have Control Net income was $8.1 million, or $0.61 per diluted share, compared with $3.4 million, or $0.30 per share, in the prior-year period. The quarter included a one-time gross gain of approximately $4.3 million from the sale of a minority interest in an unconsolidated entity, along with a $900,000 tax-related charge. Excluding the gain from the minority-interest sale, net income was $4.6 million, or $0.35 per diluted share. President and CEO Igal Zamir said the quarter represented “an important inflection point” for the company, citing strong commercial-aviation fundamentals, high aircraft utilization and longer aircraft service lives. → 3 Drone Stocks That Should Soar After the Summer Slump TAT expanded its strategic relationship with Honeywell Aerospace d…Read full documentShow less
Interested in TAT Technologies Ltd.? Here are five stocks we like better. Record Q2 performance: Revenue rose 23% year over year to $52.9 million, while adjusted net income excluding a one-time gain reached $4.6 million, or $0.35 per diluted share. TAT ended June with a record $650 million backlog and long-term agreements. Honeywell relationship expanded: TAT became Honeywell Aerospace’s sole global authorized distributor for spare parts for the 331-200/250 APU platform, extended its MRO license through 2036 and acquired three 131-9A APUs for trading and leasing. Supply-chain and cash-flow pressures remain: Landing-gear and OEM component shortages continue, prompting higher inventory investments and procurement costs. Operating cash flow turned negative during the quarter, although TAT maintained $43 million in net cash and secured a new $100 million revolving credit facility. TAT Technologies (NASDAQ:TATT) reported record second-quarter results for 2026 as improving supply-chain conditions helped the aviation aftermarket company convert previously constrained demand into revenue. Management said the company ended June with a record $650 million backlog and long-term agreements, while expanding its relationship with Honeywell Aerospace. Second-quarter revenue rose nearly 23% year over year to $52.9 million from $43.1 million. Gross profit increased 23% to $13.3 million, with gross margin remaining above 25%. Operating income reached $5.6 million, or 10.6% of revenue, compared with $4.4 million, or 10.3% of revenue, a year earlier. → SpaceX’s First Earnings Report Could Decide Whether Shorts or Bulls Have Control Net income was $8.1 million, or $0.61 per diluted share, compared with $3.4 million, or $0.30 per share, in the prior-year period. The quarter included a one-time gross gain of approximately $4.3 million from the sale of a minority interest in an unconsolidated entity, along with a $900,000 tax-related charge. Excluding the gain from the minority-interest sale, net income was $4.6 million, or $0.35 per diluted share. President and CEO Igal Zamir said the quarter represented “an important inflection point” for the company, citing strong commercial-aviation fundamentals, high aircraft utilization and longer aircraft service lives. → 3 Drone Stocks That Should Soar After the Summer Slump TAT expanded its strategic relationship with Honeywell Aerospace during the quarter. The company became Honeywell’s sole global authorized distributor of spare parts for the 331-200/250 auxiliary power unit, or APU, platform. TAT also extended its MRO license for that platform through 2036 and acquired three Honeywell Aerospace 131-9A APUs for its trading and leasing operations. Zamir said the agreement adds a distribution capability that TAT previously did not have on the 331-200/250 platform. The company had historically provided MRO and service support for the platform, but can now offer parts, repairs and return services across the lifecycle. → The Bitcoin Comeback May Already Be Underway—2 ETFs for Exposure The executive said the extended agreement provides long-term visibility for an important OEM relationship and supports TAT’s position as an aftermarket partner to airlines, OEMs and MRO providers. Management said supply-chain conditions improved significantly in the second quarter, particularly following a specific first-quarter disruption involving a major OEM. However, the company said conditions have not fully normalized, especially for OEM-supplied components and landing gear. Chief Financial Officer Ehud Ben-Yair said supply-chain inefficiencies raised procurement costs in certain product lines and limited the company’s potential operating leverage. The stronger Israeli shekel also created more than $600,000 in foreign-exchange losses during the quarter. Landing gear, which represents about 5% of total revenue, remains affected by supply constraints. Zamir said lead times for some landing-gear parts have extended beyond 12 months, while the availability of used serviceable material has tightened as airlines keep older fleets in operation longer. “We don’t see the recovery as we reported in the last few quarters,” Zamir said regarding the landing-gear supply chain, adding that the company has limited visibility into when the trend will stabilize. TAT has responded by increasing inventory buffers and, when necessary, purchasing components at higher costs to protect customer delivery schedules. Management expects inventory requirements to become more efficient as supply conditions improve, but said working capital will remain elevated in the near term. Adjusted EBITDA, excluding the one-time gain, was $7.4 million, or 14% of revenue, compared with $6.1 million, also 14% of revenue, in the year-earlier quarter. Cash used in operating activities was $0.6 million, compared with positive operating cash flow of $7 million in the second quarter of 2025. Ben-Yair attributed the change to strategic inventory investments, including inventory for the Honeywell distribution agreement, as well as revenue that had not been collected by quarter-end. He said the company expects some of those collections during the third quarter. TAT ended the quarter with net cash of $43 million. The company also recently secured a new five-year, $100 million revolving credit facility with U.S.-based banks. Management said acquisitions remain a central part of TAT’s long-term growth strategy. The company is evaluating a pipeline of potential targets that could expand MRO capabilities, thermal-systems operations, platform coverage and geographic reach. Ben-Yair said TAT intends to remain disciplined on valuations and maintain what he characterized as healthy leverage. For the first six months of 2026, revenue rose 10.4% to $94.1 million. Gross profit increased 12.4% to $23.4 million, producing a 24.8% gross margin. Operating income was flat at $8.6 million. First-half net income increased 58.1% to $11.5 million, including the $3.4 million net benefit from the one-time transaction. Excluding that benefit, net income would have increased approximately 11% to $8.1 million. Adjusted EBITDA, excluding the one-time gain, rose 4.1% to $12.3 million, or a 13.1% margin. Management said heat-exchanger revenue grew 7.8% in the second quarter, while the APU business benefited from supply-chain recovery and new long-term contract wins. Trading and leasing revenue increased 17%, and the additional 131-9A APUs are expected to support future leasing activity. Zamir said TAT entered the second half with stronger momentum, improving supply-chain conditions and greater visibility from its record backlog. Management expects growth to be steady rather than driven by an unusual quarterly backlog release, noting that much of the backlog consists of multiyear agreements. TAT Technologies Ltd. is a global provider of environmental control and thermal management solutions for the aerospace industry. The company specializes in the design, manufacturing and support of aircraft environmental control systems (ECS), heat exchangers and related components. Its product portfolio serves commercial and military airframers, engine manufacturers and airlines, offering critical systems that regulate cabin pressure, temperature and ventilation on fixed-wing and rotary aircraft. Key offerings include air cycle machines, preconditioned air units, steam/water separators and specialty heat exchangers engineered to meet stringent aerospace standards. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "TAT Technologies Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for August 2026.
Investor releaseQuarter not tagged2026-08-03Honeywell Aerospace to Post Q2 Earnings: Here's What to Expect
Zacks
Honeywell Aerospace to Post Q2 Earnings: Here's What to Expect
Honeywell Aerospace Inc. HONA is scheduled to release second-quarter 2026 results on Aug. 5, after market close. Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results. Following its separation from Honeywell International on June 29, 2026, Honeywell Aerospace began operating as an independent, publicly traded aerospace company. The spin-off is expected to provide several strategic benefits by allowing management to focus exclusively on the aerospace business rather than competing for capital and resources within a diversified industrial conglomerate.Honeywell Aerospace’s quarterly results are expected to benefit from continued strength in commercial aviation. Growth is expected to have been driven by robust demand across both its original equipment and aftermarket businesses. The company is expected to have benefited from sustained demand for maintenance, repair and overhaul (MRO) services as airlines maintained high fleet utilization. Given Honeywell Aerospace’s large installed base of avionics, auxiliary power units, propulsion systems, and other mission-critical equipment, its expanding aftermarket business must have continued to provide a stable source of recurring, high-margin revenues and could remain a key long-term growth driver.Honeywell Aerospace’s defense and space business might have also provided support in the to-be-reported quarter. Demand across defense programs has remained healthy, and management had previously indicated that growth has been constrained more by production and supply-chain challenges than by customer demand. If manufacturing execution and component availability continued to improve during the second quarter, the company might have benefited from higher deliveries across its defense portfolio, potentially providing an additional driver of revenue growth. The Zacks Consensus Estimate for earnings is pegged at $2.07 per share. The Zacks Consensus Estimate for revenues is pinned at $4.67 billion. Our proven model does not predict an earnings beat for Honeywell Aerospace this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here, as you will see below.Earnings ESP: The company’s Earnings ESP is 0.00%. You can uncover the best stocks to buy or sell before they’re reported…Read full documentShow less
Honeywell Aerospace Inc. HONA is scheduled to release second-quarter 2026 results on Aug. 5, after market close. Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results. Following its separation from Honeywell International on June 29, 2026, Honeywell Aerospace began operating as an independent, publicly traded aerospace company. The spin-off is expected to provide several strategic benefits by allowing management to focus exclusively on the aerospace business rather than competing for capital and resources within a diversified industrial conglomerate.Honeywell Aerospace’s quarterly results are expected to benefit from continued strength in commercial aviation. Growth is expected to have been driven by robust demand across both its original equipment and aftermarket businesses. The company is expected to have benefited from sustained demand for maintenance, repair and overhaul (MRO) services as airlines maintained high fleet utilization. Given Honeywell Aerospace’s large installed base of avionics, auxiliary power units, propulsion systems, and other mission-critical equipment, its expanding aftermarket business must have continued to provide a stable source of recurring, high-margin revenues and could remain a key long-term growth driver.Honeywell Aerospace’s defense and space business might have also provided support in the to-be-reported quarter. Demand across defense programs has remained healthy, and management had previously indicated that growth has been constrained more by production and supply-chain challenges than by customer demand. If manufacturing execution and component availability continued to improve during the second quarter, the company might have benefited from higher deliveries across its defense portfolio, potentially providing an additional driver of revenue growth. The Zacks Consensus Estimate for earnings is pegged at $2.07 per share. The Zacks Consensus Estimate for revenues is pinned at $4.67 billion. Our proven model does not predict an earnings beat for Honeywell Aerospace this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here, as you will see below.Earnings ESP: The company’s Earnings ESP is 0.00%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.Zacks Rank: Currently, the company carries a Zacks Rank #3. You can see the complete list of today's Zacks #1 Rank stocks here. In the past month, the stock has lost 13% compared with the industry’s decline of 9.9%. Image Source: Zacks Investment Research Investors may consider the following players from the same sector, as these have the right combination of elements to post an earnings beat this reporting cycle.Curtiss-Wright CW is likely to come up with an earnings beat when it announces second-quarter results on Aug. 5, after market close. It has an Earnings ESP of +0.36% and a Zacks Rank #3 at present.The consensus estimate for CW’s second-quarter sales suggests an improvement of 6.2% from the year-ago quarter’s reported numbers. The company delivered an average earnings surprise of 3.8% for the trailing four quarters.ATI INC ATI is likely to come up with an earnings beat when it announces second-quarter results on Aug. 6, before market open. It has an Earnings ESP of +1.32% and a Zacks Rank #2 at present.The consensus estimate for ATI’s second-quarter sales suggests an improvement of 7% from the year-ago quarter’s reported numbers. The company delivered an average earnings surprise of 8.6% for the trailing four quarters.Vertical Aerospace EVTL is expected to come up with an earnings beat when it reports second-quarter results on Aug. 13, before market open. It has an Earnings ESP of +15.39% and a Zacks Rank #3 at present.The Zacks Consensus Estimate for second-quarter earnings is pinned at a loss of 39 cents per share. The Zacks Consensus Estimate for 2026 earnings is pinned at a loss of $1.40 per share. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Honeywell Aerospace inc. (HONA) : Free Stock Analysis Report ATI Inc. (ATI) : Free Stock Analysis Report Curtiss-Wright Corporation (CW) : Free Stock Analysis Report Vertical Aerospace Ltd. (EVTL) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research
Investor releaseQuarter not tagged2026-07-31How Investors Are Reacting To Honeywell (HON) EPS Surge and Dividend After Q2 2026 Results
Simply Wall St.
How Investors Are Reacting To Honeywell (HON) EPS Surge and Dividend After Q2 2026 Results
Honeywell International Inc. recently reported past second-quarter 2026 results, with revenue of US$9,719 million and net income of US$5.68 billion, alongside a declared quarterly dividend of US$0.70 per share payable on September 4, 2026. The sharp year-over-year jump in earnings per share to about US$17.83 diluted, despite only modest revenue growth, highlights a major improvement in profitability drivers. With Honeywell’s earnings per share surging to roughly US$17.83 diluted, we’ll examine how this profitability shift affects its investment narrative. Uncover the next big thing with 21 elite penny stocks that balance risk and reward. To own Honeywell today, you need to be comfortable with a complex story: a company in the middle of major portfolio separations, shifting earnings power and changing capital return habits. The latest quarter’s sharp earnings jump and the much smaller US$0.70 dividend, especially after the recent stock split and spin impacts, do not materially alter the central near term catalyst of executing the break up, but they do sharpen attention on accounting quality as a key risk. The Q2 2026 earnings release is the most relevant backdrop here. Revenue grew modestly to US$9,719 million, yet diluted EPS from continuing operations surged to US$17.83, supported by a roughly US$4.5 billion one off gain. That disconnect between earnings and underlying operations sits at the heart of the current catalyst: investors are watching how much of this profitability shift is repeatable once the spin offs, one time items and new capital structure fully wash through. Yet investors should also weigh how dependent this story is on non recurring gains and what that could mean if underlying demand softens... Read the full narrative on Honeywell International (it's free!) Honeywell International's narrative projects $44.5 billion revenue and $7.2 billion earnings by 2029. This requires 5.7% yearly revenue growth and an earnings increase of about $3.2 billion from $4.0 billion today. Uncover how Honeywell International's forecasts yield a $247.30 fair value, in line with its current price. Some of the most optimistic analysts already expected revenue to fall toward about US$21.3 billion and earnings toward roughly US$3.1 billion, yet still saw upside, which contrasts sharply with the current focus on execution risk around portfolio complexity and hints tha…Read full documentShow less
Honeywell International Inc. recently reported past second-quarter 2026 results, with revenue of US$9,719 million and net income of US$5.68 billion, alongside a declared quarterly dividend of US$0.70 per share payable on September 4, 2026. The sharp year-over-year jump in earnings per share to about US$17.83 diluted, despite only modest revenue growth, highlights a major improvement in profitability drivers. With Honeywell’s earnings per share surging to roughly US$17.83 diluted, we’ll examine how this profitability shift affects its investment narrative. Uncover the next big thing with 21 elite penny stocks that balance risk and reward. To own Honeywell today, you need to be comfortable with a complex story: a company in the middle of major portfolio separations, shifting earnings power and changing capital return habits. The latest quarter’s sharp earnings jump and the much smaller US$0.70 dividend, especially after the recent stock split and spin impacts, do not materially alter the central near term catalyst of executing the break up, but they do sharpen attention on accounting quality as a key risk. The Q2 2026 earnings release is the most relevant backdrop here. Revenue grew modestly to US$9,719 million, yet diluted EPS from continuing operations surged to US$17.83, supported by a roughly US$4.5 billion one off gain. That disconnect between earnings and underlying operations sits at the heart of the current catalyst: investors are watching how much of this profitability shift is repeatable once the spin offs, one time items and new capital structure fully wash through. Yet investors should also weigh how dependent this story is on non recurring gains and what that could mean if underlying demand softens... Read the full narrative on Honeywell International (it's free!) Honeywell International's narrative projects $44.5 billion revenue and $7.2 billion earnings by 2029. This requires 5.7% yearly revenue growth and an earnings increase of about $3.2 billion from $4.0 billion today. Uncover how Honeywell International's forecasts yield a $247.30 fair value, in line with its current price. Some of the most optimistic analysts already expected revenue to fall toward about US$21.3 billion and earnings toward roughly US$3.1 billion, yet still saw upside, which contrasts sharply with the current focus on execution risk around portfolio complexity and hints that both bullish and cautious views may need a rethink after this earnings surprise. Explore 13 other fair value estimates on Honeywell International - why the stock might be worth 34% less than the current price! Disagree with existing narratives? Extraordinary investment returns rarely come from following the herd, so go with your instincts. A great starting point for your Honeywell International research is our analysis highlighting 3 key rewards and 4 important warning signs that could impact your investment decision. Our free Honeywell International research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Honeywell International's overall financial health at a glance. These stocks are moving-our analysis flagged them today. Act fast before the price catches up: The future of work is here. Discover the 34 top robotics and automation stocks leading the charge in AI-driven automation and industrial transformation. We've uncovered the 8 dividend fortresses yielding 5%+ that don't just survive market storms, but thrive in them. Find 56 companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include HON. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

