Honeywell Falls As Aerospace Revenue Growth Disappoints By Investing.com – Investing.com

  • Date: 24-Jul-2021
  • Source: Investing.com
  • Sector:Defense
  • Country:Gulf
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Honeywell Falls As Aerospace Revenue Growth Disappoints By Investing.com – Investing.com

By Dhirendra Tripathi

Investing.com – Honeywell (NASDAQ:) stock fell 2.5% Friday as disappointment over the single-digit growth in revenue from its aerospace segment outweighed the second revision in guidance and overall solid growth in revenue and income.

New orders rose over 20% organically.