Honeywell Stock (HON) Under Pressure as U.S.-Iran War to Dent Q1 Earnings

robot
Abstract generation in progress

Industrial conglomerate Honeywell HON <+0.01% ▲ has flagged a risk to revenue from the ongoing U.S.-Iran war that is having a ripple effect across the Middle East. The company expects the conflict to eat into its first-quarter fiscal 2026 revenue by about 7-9%.

Claim 70% Off TipRanks Premium

  • Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions

  • Stay ahead of the market with the latest news and analysis and maximize your portfolio’s potential

CEO Vimal Kapur stated this while speaking at the Global Industrials Conference in London organized by BofA Securities. The update dampened investors’ mood, sending HON shares about 3% lower during Tuesday’s pre-market trading session.

However, despite the anticipated impact, the diversified tech and manufacturing company continues to back its 2026 forecast, with Kapur noting that the anticipated hit is not due to weaker demand.

Disclaimer & DisclosureReport an Issue

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin