Key Highlights:

  • Net sales came in at USD 4.52 billion, up 5% year over year on both a reported and organic basis.
  • Adjusted EPS guidance totaled USD 7.60 to USD 7.90 for the full fiscal year.
  • Organic sales guidance stood at 4% to 5% for the full year, revised down from the previous range of 7%.
  • Adjusted EBIT was reported at USD 995 million, a decrease of 7% compared to the prior year.

Honeywell Aerospace Inc. (NASDAQ:HONA) is scheduled to report third quarter results on Wednesday, Oct. 28, after the market close. Consensus estimates call for adjusted earnings per share of USD 1.87 on revenue of USD 4.57 billion, against a market capitalization of USD 53.45 billion.

In the most recently reported quarter, Net sales came in at USD 4.52 billion, up 5% year over year on both a reported and organic basis. Adjusted EPS guidance totaled USD 7.60 to USD 7.90 for the full fiscal year.

Adjusted earnings per share and Other Business Trends

Adjusted earnings per share came in at USD 1.87, representing a 32% decline from the second quarter of 2025. Backlog totaled USD 18.15 billion, an increase of 9% compared to the prior year. Order growth stood at 8% on a rolling 12-month basis across all three business segments. Electronic Solutions sales was reported at USD 1.77 billion, growing 8% organically driven by defense and space demand.

What Management Guided

Adjusted EBIT guidance came in at USD 4.35 billion to USD 4.45 billion for the full year on a pro forma standalone basis. Free cash flow guidance totaled USD 1 billion to USD 1.5 billion for the second half of 2026.

Control Systems sales and Capital Position

Control Systems sales came in at USD 1.34 billion, up 7% organically led by commercial aftermarket volume. Engines & Power Systems sales totaled USD 1.41 billion, increasing 1% organically as commercial OE gains were partially offset by defense declines. Commercial Aftermarket sales stood at USD 2.03 billion, an 8% increase year over year driven by robust business aviation flight hours. Commercial Original Equipment sales was reported at USD 679 million, up 6% as shipments aligned with increased commercial air transport build schedules. Defense and Space sales came in at USD 1.82 billion, growing 3% as high single-digit domestic volume growth was offset by international supply constraints.

Capital expenditures and Additional Detail

Capital expenditures came in at USD 650 million estimated for the full year, including targeted investments in supplier tooling. R&D investment totaled approximately 10% of total sales, with the majority funded by customers for collaborative development efforts. Inventory obsolescence charge stood at USD 50 million recorded in the second quarter, primarily affecting the Engines & Power Systems segment. Supplier constraints was reported at 2% of the 3,000-supplier base identified as critical or constrained, limiting total factory volume growth. IndiGo selectable win came in at USD 15 billion in estimated lifetime value for avionics and power systems on more than 800 aircraft.

Figures to Follow in the Release

Investors can watch third quarter results against the figures management has already put on record, including the following: Organic sales guidance came in at 4% to 5% for the full year, revised down from the previous range of 7% to 9%.