Honeywell Aerospace Inc (NASDAQ:HONA) shares are trading lower in Wednesday’s after-hours session after the company cut its full-year guidance.
- Honeywell Aerospace shares are approaching critical lows. What’s pressuring HONA?
Honeywell Aerospace Lowers 2026 Outlook
Honeywell Aerospace, which was spun off from Honeywell in June, reported second-quarter revenue of $4.52 billion, up 5% year-over-year, and adjusted earnings of $1.87 after the market close.
Shares are moving lower in extended trading after the company cut its full-year outlook, citing supply chain constraints.
The company guided for organic revenue growth of 4% to 5%, down from its prior forecast of 7% to 9%. Honeywell Aerospace also said it expects pro-forma standalone adjusted EBITDA of $4.35 billion to $4.45 billion, down from prior guidance of $4.65 billion to $4.75 billion.
“For the second half of 2026, we believe it is prudent to align our guidance to our supply chain’s demonstrated capabilities at the end of the second quarter,” said Jim Currier, CEO of Honeywell Aerospace.
“At the same time, we are taking the strategic and tactical actions necessary to position Honeywell Aerospace for accelerating growth and compelling financial performance. We are committed to delivering on the 2030 targets laid out at Investor Day in June, and we are moving with the speed and urgency required for improved performance in 2027 and beyond.”
HONA Shares Fall After The Bell
Honeywell Aerospace shares were down 10.43% in after-hours on Wednesday, trading at $182.40 at the time of publication, according to Benzinga Pro.
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