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Honeywell stock sinks after profit tops expectations but revenue and full-year outlook miss

Honeywell stock sinks after profit tops expectations but revenue and full-year outlook miss

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Shares of Honeywell International Inc. HON, +1.08% dropped 3.6% in premarket trading Thursday, after the aerospace company and provider of control technologies for buildings reported fourth-quarter profit that topped expectations but sales that fell shy, and provided a downbeat full-year outlook. Net income rose to $1.43 billion, or $2.05 a share, from $1.36 billion, or $1.91 a share, in the year-ago period.

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