Honeywell (HON) set a conservative 2018 profit target Wednesday, but it was seen as part of a pattern of underpromising and overdelivering. The industrial giant expects earnings of $7.55-$7.80 per share in 2018, with the midpoint 8 cents below the consensus view of $7.76, according to Zacks Investment Research. Management also see organic sales growth of 2%-4% in 2018. "Our take is that…
Honeywell Seen Lowballing 2018 Earnings Outlook But This Draws Scrutiny
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