Get to know your offshore companies: HONEYWELL INTERNATIONAL (NASDAQ: HON)

Honeywell is a Fortune 100 technology company that delivers industry-specific solutions that include aerospace products and services, control technologies for buildings and performance materials globally.

The company released its second-quarter 2021 results for the period ending 30 June 2021,  on 23 July 2021. The company reported earnings of $2.04 per share, exceeding market estimates of $1.94. (Q2 2020: $1.53). Revenue increased by 18% year over year to $8.8bn (Q2 2020: $7.5bn), slightly beating the consensus estimates of $8.6bn. Total profit increased by 30% year over year to $1.8bn (Q2 2020: $1.4bn), mainly driven by top-line growth and segment margin growth in all four businesses.

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