On Friday, January 31, Honeywell International HON will release its latest earnings report. Benzinga's outlook for Honeywell is included in the following report.
Earnings and Revenue
Analysts covering Honeywell modeled for quarterly EPS of $2.04 on revenue of $9.61 billion.
In the same quarter last year, Honeywell posted EPS of $1.91 on sales of $9.73 billion. If the company were to report inline earnings when it publishes results Friday, earnings would be up 6.81%. Revenue would be down 1.22% on a year-over-year basis. Here's how the company's EPS has stacked up against analyst estimates in the past:
| Quarter | Q3 2019 | Q2 2019 | Q1 2019 | Q4 2018 |
| EPS Estimate | 2.010 | 2.080 | 1.83 | 1.89 |
| EPS Actual | 2.080 | 2.100 | 1.920 | 1.91 |
Stock Performance
Over the last 52-week period, shares are up 23.94%. Given that these returns are generally positive, long-term shareholders can be content going into this earnings release. Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. Analysts have been rating Honeywell stock as Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Honeywell is scheduled to hold a conference call at 8:30 a.m. ET and can be accessed here: https://honeywell.webcasts.com/starthere.jsp?ei=1278294&tp_key=91b102ee75
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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