Recap: Honeywell International Q4 Earnings

 

Honeywell International HON reported its Q4 earnings results on Thursday, February 3, 2022 at 06:30 AM.

Here's what investors need to know about the announcement.

Earnings

Honeywell International beat estimated earnings by 0.97%, reporting an EPS of $2.09 versus an estimate of $2.07, which did not surprise analysts.

Revenue was up $243.00 million from the same period last year.

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Past Earnings Performance

Last quarter the company beat on EPS by $0.03, which was followed by a 3.17% drop in the share price the next day.

Here's a look at Honeywell International's past performance:

 

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020
EPS Estimate 1.99 1.94 1.80 2
EPS Actual 2.02 2.02 1.92 2.07
Revenue Estimate 8.65B 8.63B 8.09B 8.40B
Revenue Actual 8.47B 8.81B 8.45B 8.90B

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Honeywell International management provided guidance for their next quarter, expecting earnings between $8.4 and $8.7 per share for the next quarter.

This represents a 309.09% in quarter-over-quarter growth for Honeywell International, a bullish signal to many investors.

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsNewsBZI-Recaps
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