Why Honeywell Aerospace Stock Crashed After Earnings
Honeywell Aerospace stalled and crashed in its first earning report as an independent aerospace stock.
Overview
Honeywell Aerospace (NASDAQ: HONA) stock plunged 20.8% through 9:50 a.m. ET in early trading on the Nasdaq Thursday, after missing on its first earnings report since spinning off from parent company Honeywell (NASDAQ: HON) in June.
The supplier of airplane navigation systems, engines, and power systems was expected to report earnings of $2.13 per share in pro forma Q2 2026 results, but could only muster up $1.87. Revenue for the quarter was $4.5 billion.
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Originally published at www.fool.com.
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