Honeywell and the Mirage of the Industrial Beat
Honeywell beats Q3 revenue at $4.99B, yet a 3.83% FCF yield sits 117 bps below Treasuries while $25.8B in net debt tests industrial patience.
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Honeywell beats Q3 revenue at $4.99B, yet a 3.83% FCF yield sits 117 bps below Treasuries while $25.8B in net debt tests industrial patience.