Honeywell International HON announces its next round of earnings Friday. Here is Benzinga's everything-that-matters guide for the Q2 earnings announcement.
Earnings and Revenue
Wall Street expects EPS of $2.01 and sales around $10.81 billion.
In the same quarter last year, Honeywell International announced EPS of $1.80 on revenue of $10.07 billion. Revenue would be have grown 7.26 percent from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q1 2018 | Q4 2017 | Q3 2017 | Q2 2017 |
EPS Estimate | 1.9 | 1.84 | 1.73 | 1.77 |
EPS Actual | 1.95 | 1.85 | 1.75 | 1.8 |
Stock Performance
Over the last 52-week period, shares are up 10.27 percent. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release. Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. Analysts seem to have settled on a Neutral rating with Honeywell International. The strength of this rating has maintained conviction over the past three months.
Conference Call
Don't be surprised to see the stock move on comments made during its conference call. Honeywell International's Q2 conference call is scheduled to begin at 9:30 a.m. ET and can be accessed here: https://honeywell.webcasts.com/starthere.jsp?ei=1197927&tp_key=073b9d930d
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.