Net profit lifted to 1.19 billion dollars for the first quarter, up from 1.12 billion Race to quarter of 2015.
Per share earnings lifted thereby to 1:53 dollars from 1:41 cents per share. Analysts had on average expected 1:50 dollars, according to a compilation of forecasts made by Reuters.
Net Sales took off by 3.4 percent to 9.52 billion. Sales for the largest unit, Squadron, lifted by 3 percent.
Honeywell, a manufacturer of automation and climate control systems, raising the floor of its profit forecast for the full year, which now reads 6: 55-6: $ 70 per share. Previously the floor at 6:40 dollars per share.
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