Earnings Preview: Honeywell International

| About: Honeywell International, (HON)

Honeywell International (NYSE:HON) is expected to report Q1 earnings before the market open on Friday, April 20 with a conference call scheduled for 9:30 am ET.


Analysts are looking for EPS of 99c on revenue of $9.16B. The consensus range is 94c-$1.03 for EPS, and $9.01B-$9.3B for revenue, according to First Call. The company reported mixed results in Q4, beating EPS but narrowly missing revenue estimates. On its Q4 earnings report, the company issued Q1 EPS guidance of 93c-98c and revenue of $9B-$9.2B. It also reaffirmed FY12 EPS $4.25-$4.50 and revenue $37.8B-$39.9B, consensus is $4.44/$38.62B. Management noted that its FY12 estimates were towards the "high side" of guidance, and the company was continuing to plan for U.S. defense budgetary pressures. The company forecast a slow growth economic environment in 2012. Shares of Honeywell have traded in a narrow range since Q4 results were released, and are approximately four points off their 52-week high of $62.27 made last year.