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Honeywell Q3 2014 Results Earnings Call Transcript

Edited Transcript of Honeywell Q3 2014 Results Earnings Conference Call…

Honeywell International, Inc. (NYSE:HON) hosted a conference call with investors and analysts to discuss Q3 2014 earnings results on October 17, 2014 at 9:30 a.m. ET. The following are the webcast audio and the associated transcript of the event…

 

Listen to the MP3  Webcast audio here: Honeywell (HON) Q3 2014 Results Earnings Call – Webcast Audio

 

Operator: Good day, ladies and gentlemen, and welcome to Honeywell’s third quarter 2014 earnings conference call. (Operator instructions) As a reminder, this conference call is being recorded.

I would now like to introduce your host for today’s conference, Elena Doom, Vice President of Investor Relations.

Elena Doom – VR, IR

Thank you, Leo. Good morning and welcome to Honeywell’s third quarter 2014 earnings conference call. Here with me today are Chairman and CEO Dave Cote and Senior Vice President and CFO Tom Szlosek.

Today’s call and webcast, including any non-GAAP reconciliations are available on our website at honeywell.com/investor.

Note that elements of today’s presentation do contain forward-looking statements that are based on our best view of the world and of our businesses we see them today. Those elements can change and we would ask that you interpret them in that light. We identify the principal risks and uncertainties that affect our performance in our Form 10-K and other SEC filings.

This morning we will review our financial results for the third quarter, share with you our outlook for the fourth quarter and provide an initial framework for 2015. And finally we will have time for your questions.

So with that I’ll turn the call over to Dave Cote.

Dave Cote – Chairman and CEO

Good morning, all. As I’m sure you’ve seen by now Honeywell had another terrific quarter with better-than-expected operational performance, and sales, margins and earnings all exceeding our guidance.

In the quarter our organic sales growth accelerated to 5%, a continuation of the positive trend we’ve seen throughout the year. And even more encouraging was the fact that we saw organic sales growth broadly across the portfolio in all our segments. It truly was a balanced contribution, highlighting great positions in good industries.

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