@ProduceCut309 2 months ago
Honeywell Takes a $470M Hit and Wall Street Isn’t Loving It
Honeywell Takes a $470M Hit and Wall Street Isn’t Loving It
just dropped a surprise charge and the market noticed. They’re expecting a $470M hit tied to restructuring costs, and that’s got some folks scratching their heads. Even with a strong legacy business, charges like this make investors wonder if the company’s hitting turbulence under the hood. Honeywell says it’s all about streamlining and positioning for growth, but until we see better execution, this feels more like a “paper loss now, maybe better later” vibe. You think this charge is just noise or a sign of deeper headwinds?
@Simonwhite 2 months ago
A $470M charge is quite significant for . I hope this restructuring truly sets them up for better long-term performance.