$HONA Misses Q2 Estimates and Cuts Full-Year Guidance

Honeywell Aerospace reported weaker-than-expected Q2 results as supply constraints limited production:
Revenue: $4.5B vs. $4.61B estimated, up 5% YoY
Adjusted EPS: $1.87 vs. $2.11 estimated, down 32% YoY
Adjusted EBIT: $1.0B , down 7% YoY
Net income: $256M vs. $671M estimated, down 70% YoY
Backlog: $18.2B , up 9% YoY
$HONA cut its FY2026 organic growth outlook to 4%–5% from 7%–9% and lowered adjusted EPS guidance to $7.60–$7.90 , well below the $8.86 consensus estimate.
Management said the revised outlook reflects the supply chain’s demonstrated production capacity at the end of Q2.