Honeywell spinoff Solstice forecasts lower 2026 earnings despite strong demand for AI materials

The Honeywell spinoff expects 2026 profit to miss estimates due to margin pressure. Strong demand for AI and nuclear materials helps offset rising costs.

Insights:
Solstice Advanced Materials announced its full-year 2026 adjusted earnings per share forecast on February 11, 2026, providing a range that fell short of market expectations. The company expects adjusted earnings to be between $2.45 and $2.75 per share, which is lower than the average analyst estimate of $2.93 per share compiled by LSEG. This guidance miss signals a material downward revision to profitability expectations for the company, which recently completed its spin-off from Honeywell International Inc. in October.
FILE PHOTO: The Honeywell logo is seen in this illustration taken July 26, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: The Honeywell logo is seen in this illustration taken July 26, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
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