Honeywell Q1 Earnings Beat, Revenue Miss

Honeywell Q1 adjusted EPS $2.45 beat consensus $2.32, but revenue $9.14B missed $9.28B estimate, shares fell 5.5% premarket.
Company kept FY revenue guidance $38.8‑$39.8B and EPS $10.35‑$10.65, both slightly below analyst consensus.
Operating cash flow outlook cut to $4.4‑$4.7B, while free cash flow guidance remains $5.3‑$5.6B.
Orders rose 7% organically, backlog ~ $38B; Honeywell to sell Warehouse & Workflow Solutions to Industrial Partners and spin off Aerospace by June 29 2026.