Thursday, July 19, 2007

Honeywell profit up 17 percent, beats forecasts

(Reuters) - BOSTON, July 19 - Diversified manufacturer Honeywell International Inc. said on Thursday quarterly profit rose 17 percent, beating Wall Street expectations, boosted by strong demand from the aerospace and construction industries.



Honeywell, the world's largest maker of cockpit electronics, reported second-quarter profit of $611 million, or 78 cents per diluted share, compared with $521 million, or 63 cents per share, a year earlier. Analysts, on average, had expected 76 cents per share, according to Reuters Estimates.


Read more at Reuters.com Market News

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