Honeywell Q2 2016 Earnings Release

Honeywell reported second quarter 2016 sales of $10.0 billion with EPS up 10% to $1.66, driven by strength in aero aftermarket, security and fire, and process solutions. The company raised full-year 2016 EPS guidance to $6.60-$6.70 and announced leadership transitions with Darius Adamczyk becoming CEO on March 31, 2017. Key announcements included the acquisition of Intelligrated for $1.5 billion and the planned year-end spinoff of AdvanSix.