Honeywell Reaffirms 2026 Outlook Ahead of June 29 Aerospace Spinoff
Updated
Updated · Reuters · Jun 8
Honeywell Reaffirms 2026 Outlook Ahead of June 29 Aerospace Spinoff
3 articles · Updated · Reuters · Jun 8
Summary
Honeywell kept its 2026 guidance unchanged, still expecting adjusted profit of $10.35 to $10.65 a share and revenue of $38.8 billion to $39.8 billion.
June 29 will mark the spinout of Honeywell Aerospace, a key step in the conglomerate's planned three-way breakup into aerospace, automation and advanced materials businesses.
Vimal Kapur said Middle East conflict effects should stay limited to the first half—after trimming first-quarter revenue by 0.5% and likely second-quarter revenue by about 1%—unless fighting re-escalates.
Honeywell now sees the remaining automation business, Honeywell Technologies, generating 2026 adjusted profit of $3.95 to $4.15 a share, $19.9 billion to $20.2 billion in revenue and about $2 billion in free cash flow.
The reshaping follows last October's spinoff of Solstice Advanced Materials, leaving Honeywell closer to operating as separate, more focused industrial companies.