Want to join the conversation?
$HON said the company is updating its 3Q16 guidance to reflect the acquisition of Intelligrated and the sale of Honeywell Technology Solutions. The company now expects EPS to be approx. $1.60 for 3Q16. For 4Q16, EPS is expected in the range of $1.74-1.78, up 10%-13% YoverY and FY16 EPS is expected in the range of $6.60-6.64, up 8%-9% YoverY.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.