Honeywell raises its 2026 adjusted EPS range to $8.40 to $8.45 after third-quarter adjusted profit rises 34 percent

Thirty-four percent. That is how much Honeywell's adjusted third-quarter profit grew, to $2.27 a share from $1.70, according to results filed with the SEC before the open on Thursday.

Sales barely moved on a reported basis, rising 1 percent to $4.99bn. On the company's organic measure, which adjusts for divestitures, currency and recent acquisitions, they grew 7 percent. Reported earnings fell 20 percent to $2.40 a share, which the Charlotte company attributes mainly to a one-time gain in the year-earlier quarter from ending its Resideo agreement.

The full-year range for adjusted EPS moves up to $8.40 to $8.45, from $8.05 to $8.35. Organic growth guidance rises to 4 to 5 percent.

Building automation, the largest segment, grew sales 8 percent to $2.02bn. Industrial automation fell 23 percent as reported and rose 4 percent organically.