Home Stock Market Honeywell reports 9.7% fall in quarterly profit By Reuters

Honeywell reports 9.7% fall in quarterly profit By Reuters

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© Reuters. A logo of Honeywell is pictured on their booth during EBACE in Geneva

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(Reuters) – Honeywell International Inc (NYSE:) on Friday reported a 9.7% fall in quarterly profit, hurt by lower demand in its main aerospace business due to the coronavirus crisis.

Net income attributable to Honeywell fell to $1.43 billion, or $2.03 per share, in the first quarter ended March 31, from $1.58 billion, or $2.21 per share, a year earlier.

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