March 17 (Reuters) – Honeywell International said the Middle East conflict could hit the company’s first-quarter revenue by a high-single-digit percentage, an early sign of how the Iran war may impact corporate earnings beyond the aviation and energy industries.
However, the industrial giant remains confident in its 2026 forecast, viewing the disruptions as a “tactical issue” rather than demand-driven, CEO Vimal Kapur said at BofA Securities’ Global Industrials Conference on Tuesday.
The U.S.-Israeli war with Iran is rattling businesses worldwide, driving up energy prices – in turn pushing up costs and threatening margins – while squeezing supplies of critical raw materials and raising questions about the reliability of trade routes critical to the flow of goods from food to car parts.
“If something due in March shows up in April or May, it still won’t change our guide for the year or for that matter, the next year,” Kapur said.
Honeywell expects 2026 sales of between $38.8 billion and $39.8 billion and a full-year adjusted profit per share of $10.35 to $10.65.
The company’s shares have fallen about 3.7% since the conflict began more than two weeks ago.
(Reporting by Aishwarya Jain in Bengaluru; Editing by Anil D’Silva)
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