Diversified manufacturer Honeywell International Inc posted a better-than-expected quarterly profit on Thursday, helped by strong sales of turbochargers for automobiles and home thermostats and security systems.The company posted first-quarter net income of $1.02 billion, or $1.28 per share, compared with $966 million, or $1.23 per share, in the year-ago quarter.By that measure, analysts expected earnings of $1.26 per share, according to Thomson Reuters I/B/E/S.Net sales rose 4 percent to $9.68 billion, missing the $9.74 billion estimate from Wall Street.
Honeywell International Inc. (Honeywell) is a diversified technology and manufacturing company, serving customers worldwide with aerospace products and services, control, sensing and security technologies for buildings, homes and industry, turbochargers, automotive products, specialty chemicals, electronic and advanced materials, process technology for refining and petrochemicals, and energy efficient products and solutions for homes, business and transportation. Shares of HON traded higher by 1.73% or $1.59/share to $93.30. In the past year, the shares have traded as low as $70.92 and as high as $95.91. On average, 3160870 shares of HON exchange hands on a given day and today's volume is recorded at 3465811.
Thomson Reuters Corporation (Thomson Reuters), is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 1.19% or $0.41/share to $34.73. In the past year, the shares have traded as low as $31.38 and as high as $38.73. On average, 864863 shares of TRI exchange hands on a given day and today's volume is recorded at 949950.
Thomson Reuters Corporation (Thomson Reuters), is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 1.57% or $0.59/share to $38.25. In the past year, the shares have traded as low as $32.83 and as high as $42.10. On average, 991575 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 503899.
Source
