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Why Honeywell Stock Tumbled on Thursday

TheMotleyFool

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Why Honeywell Stock Tumbled on ThursdayPhoto, wide shot, wide-angle lens, Investment company, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/81ff9992-3b90-4de2-ac95-7385f4698b55.png

A bottom-line beat in 's (NASDAQ: HON) latest reported quarter wasn't enough to land the stock in positive territory on Thursday. The storied industrial company released first-quarter results that included a revenue miss and uninspiring guidance for the current year. With that, investors punished the company, pushing its shares down nearly 3% that trading session.

The quarter saw Honeywell earn $9.1 billion in sales, a figure that bettered the year-ago result by 2%. However, net income under generally accepted accounting principles (GAAP) fell steeply, declining to $795 million from first quarter 2025's nearly $1.47 billion.

Image source: Getty Images.

Source Fool.com