Honeywell International Inc. swung to a profit in the fourth quarter as the industrial conglomerate continued to see strong demand in its U.S. defense, warehouse automation and aerospace businesses. Honeywell’s posted a profit of $1.72 billion, or $2.31 a share, compared with a loss of $2.51 billion, or $3.32 a share, a year earlier. On an adjusted basis, the company earned $1.91 a share. Analysts...
Source: Wall Street Journal February 01, 2019 12:21 UTC