Earnings Preview: Honeywell International

| About: Honeywell International, (HON)

Honeywell International (NYSE:HON) is expected to report Q4 earnings before the market open on Friday, January 27 with a conference call scheduled for 9:30 am ET.


Analysts are looking for EPS of $1.04 on revenue of $9.56B. The consensus range is $1.03-$1.07 for EPS, and $9.4B-$9.73B for revenue, according to First Call. The company reported positive results in Q3, beating EPS and revenue estimates. On its Q3 earnings report, the company raised its FY11 adjusted EPS view to $4.00-$4.05 from $3.85-$4.00 vs. consensus $3.96. It also raised its FY11 revenue view to $36.5B-$36.7B from $36.1B-$36.7B vs. consensus $36.71B. Management noted it was "confident" in the FY11 outlook, and expected another "growth year" in 2012. Management also forecast "good organic growth" in emerging markets. Shares of Honeywell have traded modestly higher since Q3 results were released, and are approximately four points from their 52-week high of $62.27 made last year. Sentiment on the Street has been mostly positive over the past three months.

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