Honeywell traded slightly higher in pre-market trading on Friday after raising its 2018 earnings outlook.
The US industrial conglomerate cited a positive impact from US tax reform, which lowers its tax rate for 2018.
In its fourth-quarter earnings release, Honeywell reported organic sales growth of 6%, driven by strong growth in the aerospace aftermarket, petroleum products company Honeywell UOP and advanced materials.
Overall revenue rose modestly ahead of expectations, growing 8.6% to $10.84bn.
A $3.8bn one-off tax provision due to the immediate impact of President Trump´s tax reforms saw the company report a $2.4bn net loss for the quarter.