Honeywell Aerospace Revenue Rises, Earnings Fall Short

Honeywell Aerospace's fiscal second-quarter adjusted earnings fell short of expectations despite revenue growth. The company reported an adjusted profit of $0.85 per share, below analysts' estimates of $1.01. Revenue increased by 3% year-over-year to $4.63 billion.

The results were announced as part of Honeywell International's overall Q2 earnings report. While the aerospace segment underperformed in terms of profitability, it contributed significantly to the company's revenue growth.