Honeywell reported first-quarter 2026 sales of $9.1 billion, up 2% year-over-year, with orders rising 7% and backlog reaching approximately $38 billion. Adjusted earnings per share increased 11% to $2.45, despite reported EPS declining due to restructuring and impairment charges tied to planned divestitures.

The company announced the sale of its Warehouse and Workflow Solutions business to American Industrial Partners and confirmed plans to spin off its aerospace division by June 29, 2026. While operating margins were impacted by separation-related costs, underlying segment performance remained strong across all business units.

Honeywell reaffirmed its full-year 2026 outlook, supported by continued demand in automation and industrial segments.

Source: PR Newswire