We're Downgrading Honeywell Aerospace After a Shockingly Bad Earnings Debut Honeywell Aerospace's recent earnings report sent shockwaves through the industrial conglomerate community.
The company, which makes cockpit systems and aircraft parts, reported weak quarterly results, cut its full year outlook, and left investors scrambling to reassess their bets on this high flying stock.
On paper, Honeywell Aerospace's story looks like a textbook case of a company that has lost its way in the transition from being part of a larger conglomerate to standing alone.