Honeywell Q2 2026 Earnings: Sales Beat, EPS Miss, Cuts Free Cash Flow Guidance
Honeywell reported Q2 sales of $9.70B (beat estimates) but adj EPS of $4.52 (miss). The company lowered its FY free cash flow guidance to $2B from prior $5.3B-$5.6B.
HON
Honeywell released results for the second quarter of 2026, posting sales of $9.70 billion, above the $9.51 billion consensus estimate. Adjusted earnings per share came in at $4.52, missing the expected $4.81.
Key guidance revisions:
- FY 2026 organic sales growth: 3%-4% (previous: 2%-3% for prior period, but had guided 3%-6% earlier)
- Free cash flow outlook cut sharply to $2 billion from the prior range of $5.3 billion to $5.6 billion.
The significant reduction in free cash flow guidance suggests weakening operational cash generation, likely pressuring the stock near term.
Source: First Squawk