[SatNews] Honeywell (NYSE: HON) has announced third quarter 2010 sales were up 9 percent to $8.4 billion versus $7.7 billion in the third quarter of 2009. Earnings, excluding non-cash pension expense, were $0.82 per share compared to $0.83 per share in the prior year. On a reported basis, earnings per share were $0.64 in the third quarter of 2010 versus $0.80 in the third quarter last year. Cash flow from operations was $1.3 billion and free cash flow (cash flow from operations less capital expenditures) was $1.2 billion in the third quarter, compared to cash flow from operations of $1.1 billion and free cash flow of $1.0 billion in the third quarter last year. On a year-to-date basis, cash flow from operations was $3.2 billion versus $2.6 billion in 2009, and free cash flow was $2.8 billion compared to $2.3 billion. Honeywell now forecasts 2010 sales of approximately $33 billion and earnings of approximately $2.52 per share on a reported basis ($3.26, excluding non-cash pension expense), both now above the high-end of the previous guidance range. The company also forecasts 2010 free cash flow, above the high-end of its prior guidance, of approximately $3.5 billion, which includes a planned fourth quarter $600 million cash pension contribution (cash flow from operations of approximately $4.1 billion). To read the entire financial report, access this direct link.