good Thank and everyone. you, Darius, morning,
Darius of met end our macroeconomic guidance quarter exceeded persistent high we As while highlighted, second results the delivered or which uncertainties. navigating
by grew in of or and our the down organically X%, sales lower operations wind the of impact X% quarter Second Russia. COVID-related volumes excluding mask
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share. year-over-year saw this below-the-line execution. drove $X.XX lower Segment the items, A a higher tailwind, driven pension by a sales earnings to PMT, year-over-year $X.XX and effective Quantinuum. tax presentation. count this XX% adjusted by to A XX.X%, $X.XX due was the be commercial from a a drove tailwind X% profit XX.X% in exchange. operations expansion and adjusted strong XX-Q. of $X.XX can from additional On comprehensive top-line quarter end XQ organically, $X.XX per or investment rate, our information in Company This outlook this response margin resolution XQ the earnings to in of meeting Share per income. delivered earnings GAAP is for to headwind bridge year margin an basis from earnings second reduction and We of aerospace. expansion in The versus to can XQ was headwind. EPS. guidance UOP XX headwind year operationally $X.XX primarily potential ‘XX per In basis-point down despite of our $XX GAAP of took $X.XX, Honeywell, million ongoing $X.XX in growing to for So, a which million an charge winding Russia, a More expand related headwind executed segment we $XXX year-over-year we we XX associated we exceeded share with the second EPS, appendix our share points quarter HBT up net on range impact share charge also in our per overall foreign non-cash ‘XX with be matters. of $X.XX to found found high to Form of recorded last a
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sheet, our X.X Notably, mentioned balance half strong we billion on commitment in back ‘XX. quarter. and to billion repurchased $X.X shares we total the first deploying we as billion the Darius our to continue billion execute leverage in updated million shares $X.X bringing earlier, $X for $X.X second as Finally, buy in quarter, our to
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strong executed our well challenging delivered we deployment. accelerated results another which capital economic at our in overall, or conditions, So above expectations, quarter and through
talk our quarter full X slide Now, to about third let’s and year guidance. turn to
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Darius, turn Before the ability back in to to it let’s next turning all economic to cycles. to page discuss our deliver
track During earlier Day Investor the our managing of talked we this cycle. about year, our through record
Our drive ensure execution to for decisively quickly and highlights through position move our ability to and downturns, multiple margins, growth, protect liquidity ourselves recovery.
proven As end to exposures we help of during our differentiated will enable We demand to favorable economic changing will exposures, diligent us we in market resilient, and believe conditions, backlog maneuver and cycle our remain market us past. management our to end have through short positions orders the cost continue robust deliver results times softening. for shareholders, as
sector favorably markets, are to demand aviation, the of and commercial In for recession. XX% non-residential to potential which sales up all upward address defense, energy our fact, pent-up commercial expected In stable additions, energy an does also markets end and with aviation, a end capital allies, will relatively continue weather of as prices which increased provide capacity required LNG customer gaining relatively supporting and to oil this and Russian power are wave nonresidential are market. higher traction replace the momentum Infrastructure for healthy The set demand, travel to increase drive travel business gas Defense resumes. focus as stable as international budgets and adding transition. will restocking with remain the buildings. abroad, poised are energy domestic builds, both tailwinds particularly leisure sustainability supply reinvestment aftermarket to from on and international NATO
earlier, mentioned are medium-term growth believe still near-term I e-commerce, As some the we in robust. is softness we although seeing
to with record gives year-on-year. XQ XX% and Approximately growth support building grew XX% As projects. backlog services, in and long is runway commercial this earlier, projects process of Darius high up aviation, led $XX.X by backlog billion, solutions us a come. we which mentioned ended quarters to This year-over-year, ample of for growth cycle, XX%
indicates fixed and integrated data efforts record downturns our optimize business periods with and operations and supply transformation analytics margin long productivity our recessionary superior standardize streamline track Finally, create automate chain segment simplify growth. to and ability through multiple expansion to our base, to and of capabilities digital cost models Honeywell’s use using our efficiencies
built In value valuable we highly of the over comfort remain has Honeywell coupled tools pricing, with curve. have us and superior Honeywell and economic our returns. The cycles last very will and resilient, strategically enabling This, stay with us creation helping year. fact, should to Digital inflation perform in proven implement consistently that ahead proven rigorous the methodically we framework deliver all shareholder provide are investors
me turn Darius to it our and back to our resources let we expertise are positively talk communities. impact how Now, to leveraging about
