Honeywell declines on revenue miss and weak guidance

04 february 2022 68
Maria_Yudina
Maria_Yudina

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Honeywell fell more than 7% on Thursday after the company published the Q4 earnings report that missed revenue expectations and offered a weak guidance for 2022 due to supply-related constraints in its aerospace division and mask demand decline.


Graphically, Honeywell stock price keeps moving in a downtrend. It is possible that the price will go down further.

Maria_Yudina
Maria_Yudina

Listed among the best MarketCheese authors
1st in the segment "US stocks"
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