CORRECTED-Honeywell says Middle East conflict could impact revenue in Q1; maintains 2026 forecast

Reuters
Mar 17
CORRECTED-Honeywell says Middle East conflict could impact revenue in Q1; maintains 2026 forecast

Removes reference to "high single digit percentages" in paragraph 1, changes to "could impact" from "expects hit" in the headline

March 17 (Reuters) - The conflict in the Middle East could impact Honeywell International's HON.O first-quarter revenue, CEO Vimal Kapur said at BofA Securities' Global Industrials Conference on Tuesday.

However, the industrial giant remains confident in its 2026 forecast, viewing the disruptions as a "tactical issue" rather than demand-driven, he said.

"If something due in March shows up in April or May, it still won't change our guide for the year or for that matter, the next year," Kapur said.

Honeywell expects 2026 sales of between $38.8 billion and $39.8 billion and a full-year adjusted profit per share of $10.35 to $10.65.

The company's shares have fallen about 3.7% since the conflict began more than two weeks ago.

(Reporting by Aishwarya Jain in Bengaluru; Editing by Anil D'Silva)

((Aishwarya.Jain@thomsonreuters.com;))

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