Honeywell Aerospace Stock Tanks on Disappointing Earnings

Honeywell Aerospace's first standalone earnings report has sent its stock plummeting. In premarket trading, HONA dropped as much as 17% after releasing Q2 sales that fell short of expectations.

The company reported $4.52 billion in revenue, a 5% year-over-year increase, but lower than the estimated $4.6 billion. Operating profit decreased by 7% to $1 billion, and adjusted EPS dropped 32% to $1.87, below estimates.

Honeywell Aerospace also reduced its 2026 organic sales growth forecast from 7-9% to 4-5%, citing supply chain issues as the reason. The company is prioritizing deliveries to Boeing and Airbus over its higher-margin aftermarket business, which has resulted in lower revenue.