Honeywell Earnings Beat Expectations. It’s a Shame About the Guidance.

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Updated Oct. 22, 2021 9:06 am ET / Original Oct. 22, 2021 6:51 am ET

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Honeywell International’s third-quarter earnings were fine, but the company cut its full-year 2021 guidance because inflation is running hot.

Honeywell (ticker: HON) earned $2.02 in adjusted per-share earnings from $8.5 billion in sales. Wall Street was looking for $1.99 a share and $8.7 billion in sales.

A year ago, Honeywell earned $1.57...

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