NEW YORK: American multinational conglomerate company Honeywell International Incorporation forecast 2015 revenue below market estimates as the diversified maker of aircraft parts and electronic equipment expects GDP growth in most regions across the world to grow only modestly.
The company said it expected a profit of $5.95-$6.15 per share and revenue of $40.5 billion-$41.1 billion.
Further the company also cut its fourth quarter revenue forecast to $10.1 billion-$10.2 billion from $10.3 billion-$10.4 billion.
Analysts on average expected a profit of $6.11 per share and revenue of $41.92 billion.
