Why Honeywell International's Guidance Looks Conservative
Honeywell International (NYSE: HON) has acquired a reputation for giving conservative-looking guidance and then promptly beating it, and CEO Darius Adamczyk appears to be continuing that tradition with his outlook for 2020. There are plenty of moving parts to the industrial conglomerate's earnings and a lot of uncertainty around its end markets in 2020 -- not least from the production slowdown on the Boeing (NYSE: BA) 737 MAX -- but Honeywell still looks well placed for growth in the second half and beyond. Here's why.
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In order to understand Honeywell's earnings trajectory, here's a look at segment profit in 2019.
Source Fool.com
