India, April 23 -- Honeywell International Inc., while reporting weak profit but higher net sales for its first quarter, on Thursday reaffirmed its fiscal 2026 outlook amid the uncertainty stemming from the Middle East conflict.
Further, the firm announced that it has agreed to sell its Warehouse and Workflow Solutions or WWS business in an all-cash transaction to American Industrial Partners.
In the pre-market activity on Nasdaq, the shares were losing around 8.5 percent, trading at $201.18, after closing Wednesday's regular trading 1 percent lower.
The company said the planned sale of WWS business is expected to be completed in the second half of 2026 and is subject to customary closing conditions. The financial details were not disclo...