Honeywell Aerospace Stock Plunges as Earnings Fall Short of Expectations
Honeywell Aerospace Inc., the leading aerospace company based in Phoenix, Arizona, has seen its shares underperform the broader market over the past month. Its market capitalization is approximately $53.4 billion.
Since going public on June 29, 2026, following its spin-off from Honeywell International Inc. (HON), HONA's stock price has declined 29.2% compared to the S&P 500 Index ($SPX) which rallied 3.4% over the same period.
On August 5, Honeywell Aerospace reported its second-quarter fiscal 2026 earnings, with net sales reaching $4.5 billion, a 5.4% year-over-year increase on both a reported and organic basis. Adjusted earnings per share came in at $1.87, down 32% year over year.
The company cut its full-year 2026 guidance, expecting organic sales growth of 4% to 5%, down from 7% to 9%. Analysts expect HONA's EPS to decline 99.2% to $7.75 on a diluted basis for the current fiscal year.