Honeywell International Inc. (NASDAQ:HON) Q3 2023 Earnings Conference Call October 26, 2023 8:30 AM ET
Company Participants
Sean Meakim - Vice President of Investor Relations
Vimal Kapur - Chief Executive Officer
Greg Lewis - Senior Vice President and Chief Financial Officer
Conference Call Participants
Julian Mitchell - Barclays
Steve Tusa - JPMorgan
Scott Davis - Melius Research
Nigel Coe - Wolfe Research
Andrew Obin - Bank of America
Sheila Kahyaoglu - Jefferies
Jeff Sprague - Vertical Research
Nicole DeBlase - Deutsche Bank
Deane Dray - RBC Capital Markets
Joe Ritchie - Goldman Sachs
Andrew Kaplowitz - Citigroup
Operator
Thank you for standing by, and welcome to the Honeywell Third Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. Please be advised that today's call is being recorded.
I would now like to hand the call over to Sean Meakim, Vice President of Investor Relations. Please go ahead.
Sean Meakim
Good morning, and welcome to Honeywell's third quarter 2023 earnings conference call.
On the call with me today are Chief Executive Officer, Vimal Kapur; and Senior Vice President and Chief Financial Officer, Greg Lewis.
This webcast and the presentation materials, including non-GAAP reconciliations, are available on our Investor Relations website. From time to time, we post new information that may be of interest or material to our investors on this website.
Our discussion today includes forward-looking statements that are based on our best view of the world and of our businesses as we see them today and are subject to risks and uncertainties, including the ones described in our SEC filings.
This morning, we will review our financial results for the third quarter, share our guidance for the fourth quarter and full year 2023 and provide some preliminary thoughts on 2024. As always, we'll leave time for your questions at the end.
With that, I'll turn the call over to our CEO, Vimal Kapur.
Vimal Kapur
Thank you, Sean, and good morning, everyone.
Let's begin on Slide 2. First off, we are saddened by recent events in Middle East. We are deeply upset by the loss of innocent lives. Our number one priority continues to be safety and security of our employees and partners in the regions and responding to their immediate needs.
Coming to the third quarter, it was another strong quarter [one] (ph) for Honeywell in which we delivered all of our financial commitments. We delivered adjusted earnings per share of $2.27, $0.02 above the high end of our guidance range. That was up 1% year-over-year or up 7% excluding a $0.14 non-cash pension headwind. Disciplined execution of our rigorous operating principles in the face of ongoing macroeconomic challenges continues to serve us and our stakeholders well.