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75/100 Bullish 08.06.2026 · 10:09 Finrend AI ⏱ 1 dk 👁 5 TR

Honeywell Raises Annual Profit Forecast Ahead of Aviation Division Spin-Off

Honeywell International has revised its annual profit forecast upward ahead of plans to spin off its aviation unit. The company raised its adjusted earnings per share guidance for 2024 to a range of $10.05-$10.25, up from the previous estimate of $9.80-$10.10, driven by strong demand and operational efficiency. Honeywell reported third-quarter revenue of $10.1 billion, slightly above market expectations. The aviation segment posted 8% growth, fueled by an increase in commercial aircraft and defense orders. Operating margins improved by 20 basis points due to cost control and pricing strategies. Management announced that the aviation unit will operate as an independent company in 2025. This spin-off will allow Honeywell to focus on industrial automation and energy solutions. The company also approved a $5 billion share buyback program. Analysts note that Honeywell maintains its growth potential through strong cash flow and portfolio optimization. However, they caution against macroeconomic uncertainties and supply chain issues. This is not investment advice.

📊 HON — Piyasa Yorumu

■ neutral · 60%

Although Honeywell's upward revision of its profit forecast is positive news, the stock experienced a sharp decline of 8.8% in the last 24 hours, with its RSI entering oversold territory at 23.9. Technical indicators (MACD, SMA20/50) present a weak outlook, and a short-term recovery signal is not yet clear. The positive impact of the news may not immediately reverse the current selling pressure; therefore, a sideways or limited movement can be expected in the near term.

RSI 14
23.9
MACD
-4.65
24h Δ
-8.82%

📊 GOOGL — Piyasa Yorumu

■ neutral · 60%

Market impact may be limited as the news headline is not directly related to GOOGL. On the technical indicators, the RSI stands at 48, indicating a neutral zone, while the MACD is above the signal line but remains in negative territory. The price is trading above the 20-day moving average but below the 50-day moving average. In the short term, there is no clear directional signal, resulting in a neutral outlook.

RSI 14
48.0
MACD
-0.92
24h Δ
1.20%
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