Business Earnings News

Honeywell Posts Better-Than-Expected Q1 Earnings, Joins Crown Holdings, Noble, Crane And Other Big Stocks Moving Higher On Tuesday

U.S. stocks were mixed, with the Dow Jones index gaining around 0.1% on Tuesday.

Shares of Honeywell International Inc. HON rose sharply during Tuesday’s session after the company reported better-than-expected first-quarter financial results and raised its FY25 adjusted EPS guidance.

Revenue grew 8% year-over-year (Y/Y, organic: +4% Y/Y) to $9.82 billion, beating the consensus of $9.59 billion. Adjusted EPS was $2.51 (+7% Y/Y), beating the consensus of $2.21.

Honeywell International shares climbed 4.9% to $210.54 on Tuesday.

Here are some other big stocks recording gains in today’s session.

  • Hims & Hers Health, Inc. HIMS shares jumped 23% to $34.99 after the company announced a collaboration with Novo Nordisk to offer a bundled package of all dose strengths of Wegovy on its platform.
  • Leggett & Platt, Incorporated LEG gained 21.1% to $8.81 after the company reported better-than-expected first-quarter EPS results and raised its FY25 EPS guidance.
  • Clarivate Plc CLVT jumped 16.8% to $4.1950 after the company reported better-than-expected quarterly financial results.
  • Kiniksa Pharmaceuticals International, plc KNSA jumped 16% to $24.90 as the company raised its FY2025 sales guidance.
  • CECO Environmental Corp. CECO gained 15.7% to $22.22 following upbeat quarterly earnings.
  • LZ Technology Holdings Limited LZMH rose 14.8% to $9.19.
  • ProPetro Holding Corp. PUMP shares rose 11.2% to $5.86 after the company reported a first-quarter adjusted EPS and revenue beat.
  • TriMas Corporation TRS gained 11.2% to $23.34 following better-than-expected quarterly earnings.
  • Shift4 Payments, Inc. FOUR gained 10.4% to $87.96 after the company reported better-than-expected first-quarter adjusted EPS results.
  • Metsera, Inc. MTSR rose 10.2% to $21.83.
  • EPWK Holdings Ltd. EPWK rose 9.4% to $15.00.
  • Crown Holdings, Inc. CCK gained 7% to $96.04 after the company reported better-than-expected quarterly financial results and raised its FY25 adjusted EPS guidance.
  • Noble Corporation plc NE rose 6.4% to $22.36 after the company reported better-than-expected quarterly sales results.
  • Crane Company CR gained 5.3% to $156.47 following upbeat quarterly earnings.

Now Read This:

Photo via Shutterstock

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score

Market News and Data brought to you by Benzinga APIs