RTTNews | Jul 23, 2021 06:53AM EDT

06:52 Friday, July 23, 2021 (RTTNews.com) - While reporting financial results for the second quarter on Friday, technology company Honeywell international Inc. (HON) raised its adjusted earnings and sales guidance for the full-year 2021, based on the second-quarter performance and management's outlook for the remainder of the year.

For fiscal 2021, the company now projects adjusted earnings in a range of $7.95 to $8.10 per share on sales between $34.6 billion and $35.2 billion, representing a year-over-year organic sales growth of 4 to 6 percent.

Previously, the company expected adjusted earnings in the range of $7.75 to $8.00 per share on sales between $34.0 billion and $34.8 billion, representing a year-over-year organic sales growth of 3 to 5 percent.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $8.01 per share on sales of $34.93 billion for the year. Analysts' estimates typically exclude special items.

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