June 8 (Reuters) – Honeywell on Monday reaffirmed its annual adjusted profit forecast weeks ahead of the spinoff of its aerospace business.
The company forecasts its full-year 2026 adjusted profit to range between $10.35 and $10.65 per share.
Last year, Honeywell announced a three-way split of the conglomerate into independent public companies focused on automation, aerospace and advanced materials.
Solstice Advanced Materials, which houses Honeywell’s former advanced materials unit, spun off as a standalone company in October 2025.
Honeywell Aerospace, which makes aircraft engines, parts and defense systems, will trade as HONA after the separation on June 29.
The remaining automation business, which will be known as Honeywell Technologies, will continue to trade as HON.
Honeywell Technologies expects to log 2026 adjusted profit between $3.95 and $4.15 per share, and forecasts revenue to range from $19.9 billion to $20.2 billion.
It expects annual free cash flow of about $2 billion.
(Reporting by Aatreyee Dasgupta in Bengaluru; Editing by Vijay Kishore)
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