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Honeywell International, Inc. (HON)

- NYSE
  • Fri, Jul. 17, 7:41 AM
    • Net income of $1.2B, or $1.51 a share, vs. $1.1B, or $1.38 a share, in the same quarter a year ago.
    • Q2 sales by segment: Aerospace -5%; Automation and Control Solutions -1%; Performance Materials -9%.
    • Q2 profit by segment: Aerospace +2%; Automation and Control Solutions +6%; Performance Materials +7%.
    • "We saw growth acceleration...within aerospace, continued growth in our commercial and industrial businesses within ACS, and higher volume across our advanced materials portfolio, particularly in fluorine products," CEO Dave Cote said in a statement.
    • Honeywell (NYSE:HON) maintains its 2015 sales outlook of $39B-$39.6B, but upped its EPS outlook to a range of $6.05-$6.15, raising the low end from $6.00.
    • HON +1.5% premarket
    • Q2 results
    | Fri, Jul. 17, 7:41 AM | Comment!
  • Fri, Jul. 17, 7:01 AM
    • Honeywell (NYSE:HON): Q2 EPS of $1.51 beats by $0.02.
    • Revenue of $9.78B (-4.6% Y/Y) beats by $40M.
    • Press Release
    | Fri, Jul. 17, 7:01 AM | Comment!
  • Thu, Jul. 16, 5:30 PM
  • Fri, Apr. 17, 7:37 AM
    • Net income of $1.12B, or $1.41 a share, vs. $1B, or $1.28 a share, in the same quarter a year ago.
    • Q1 profit by segment: Aerospace +7%; Automation and Control Solutions +10%; Performance Materials +6%.
    • Q1 sales by segment: Aerospace -6%; Automation and Control Solutions -3%; Performance Materials -5%.
    • Honeywell (NYSE:HON) cut its 2015 sales outlook to a range of $39B-$39.6B from $40.5B-$41.1B and raised the lower end of its EPS outlook to a range of $6.00-$6.15 from $5.95-$6.15.
    • HON -3.6% premarket
    • Q1 results
    | Fri, Apr. 17, 7:37 AM | Comment!
  • Fri, Apr. 17, 7:02 AM
    • Honeywell (NYSE:HON): Q1 EPS of $1.41 beats by $0.02.
    • Revenue of $9.21B (-4.9% Y/Y) misses by $270M.
    • Press Release
    | Fri, Apr. 17, 7:02 AM | Comment!
  • Thu, Apr. 16, 5:30 PM
  • Wed, Mar. 4, 9:54 AM
    • "While M&A is the priority, we will deploy net cash amounts in excess of $1B-$2B for incremental share repurchase, and are committed to growing our dividend rate faster than earnings," announced CEO Dave Cote at the company's investor day.
    • Honeywell (HON -1.4%) also said it plans to add an additional dollar in earnings per share by 2018 via share repurchase programs and capital deployment.
    • Previously: Honeywell affirms 2015 financial guidance (Mar. 04 2015)
    | Wed, Mar. 4, 9:54 AM | 2 Comments
  • Wed, Mar. 4, 8:40 AM
    • At its annual investor conference in New York City today, Honeywell (NYSE:HON) again backed its previously disclosed financial guidance for 2015 and updated its outlook for Q1:
    • Q1: Reported sales of ~$9.4B; Margin up ~130 bps vs. ~110 bps; Affirmed EPS of $1.36-$1.41.
    • 2015: ~4% organic sales growth, up 1-2% Y/Y at $40.5B-$41.1B; Segment margin 17.6%-17.9%, up 100-130 bps; EPS of $5.95-$6.15, up 7-11% Y/Y; Free cash flow of $4.2-$4.3B, up 8-11% Y/Y.
    • Honeywell also reaffirmed its five-year outlook for organic sales of $46B-$51B and segment margin of 18.5-20%.
    • Previously: Honeywell backs 2015 guidance (Feb. 19 2015)
    | Wed, Mar. 4, 8:40 AM | Comment!
  • Thu, Feb. 19, 10:52 AM
    • At the Barclays Capital Industrial Select Conference today, Honeywell (HON +0.2%) backed its view of ~4% organic sales growth of in 2015, up 1-2% Y/Y at $40.5B-$41.1B.
    • The company also affirmed its EPS forecast of $5.95-$6.15, with free cash flow of $4.2-$4.3B.
    • Honeywell shares have climbed almost 13% in the last 52 weeks.
    • Presentation
    | Thu, Feb. 19, 10:52 AM | 1 Comment
  • Fri, Jan. 23, 7:59 AM
    • Net income of $956M vs $947M in the same quarter a year ago. Earnings, adjusted for non-recurring costs, were $1.43 per share.
    • Q4 profit by segment: Aerospace -14%; Automation and Control Solutions +8%; Performance Materials +6%.
    • "In Q4, Honeywell delivered 4% organic sales growth and achieved 15% EPS growth (excluding the pension mark-to-market adjustment), exceeding the high end of our guidance range and capping off another year of terrific performance in 2014," said Honeywell CEO Dave Cote.
    • The company reaffirmed its 2015 forecast: Organic sales growth of ~4%, up 1-2% Y/Y at $40.5B-$41.1B. 2015 EPS is expected to be between $5.95-$6.15, with free cash flow of $4.2-$4.3B.
    • HON +1.5% premarket
    • Q4 results
    | Fri, Jan. 23, 7:59 AM | Comment!
  • Fri, Jan. 23, 7:01 AM
    • Honeywell (NYSE:HON): Q4 EPS of $1.43 beats by $0.01.
    • Revenue of $10.26B (-1.3% Y/Y) beats by $50M.
    • Press Release
    | Fri, Jan. 23, 7:01 AM | Comment!
  • Thu, Jan. 22, 5:30 PM
  • Thu, Jan. 8, 10:15 AM
    • Honeywell (HON +1.5%) will report Q4 and full-year results on Jan. 23. The conference call is scheduled to begin at 9:30 a.m. EST.
    • Consensus view is EPS of $1.42 on revenues of $10.2B.
    | Thu, Jan. 8, 10:15 AM | Comment!
  • Dec. 15, 2014, 7:33 AM
    • Honeywell (NYSE:HON) has lowered its Q4 sales forecast to $10.1B-10.2B from $10.3-10.4B, but reaffirmed its $1.37-$1.42 EPS estimate for the quarter.
    • FY14 sales are expected to be in a range of $40.1-$40.2B, down from previous guidance of $40.3B-$40.4B. FY14 EPS is still anticipated to be in a range of $5.50-$5.55.
    • The company forecasts 2015 organic sales growth of ~4%, up 1-2% Y/Y at $40.5B-$41.1B. 2015 EPS is expected to be between $5.95-$6.15, with free cash flow of $4.2-$4.3B.
    • 2015 Outlook Conference Call at 9:00 a.m. ET
    • HON +0.4% premarket
    | Dec. 15, 2014, 7:33 AM | Comment!
  • Oct. 31, 2014, 9:16 AM
    • Honeywell's (NYSE:HON) Board of Directors has approved a 15% increase in the company's regular annual cash dividend rate (from $1.80 to $2.07 per common share).
    • The increased regular quarterly dividend will be effective starting with the fourth quarter dividend, which was declared today and is payable on December 10, 2014.
    • HON +1.4% premarket
    | Oct. 31, 2014, 9:16 AM | Comment!
  • Oct. 17, 2014, 9:08 AM
    • Honeywell (NYSE:HON) +3.1% premarket after reporting better than expected Q3 earnings and revenues, driven by sales gains in almost all segments and raising the lower end of its outlook for the year.
    • HON's automation and control systems business, which supplies the commercial construction industry, added 9% to $3.67B, but aerospace sales were flat at $3.9B.
    • Sales of performance materials and technologies rose 7% to $2.52B, while transportation systems sales fell 10% because of the sale of the friction materials segment this summer.
    • issues new guidance for FY 2014: Raises EPS to $5.50-$5.55 from $5.45-$5.55 vs. $5.54 analyst consensus estimate, revenues to $40.3B-$40.4B from $40.2B-$40.4B vs. $40.$B consensus, segment margin to ~17% from 16.8%-17%.
    • "Looking ahead to 2015, we’re once again planning for a slow growth macro environment but expect to continue delivering strong earnings growth," CEO Dave Cote says.
    | Oct. 17, 2014, 9:08 AM | Comment!
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Company Description
Honeywell International Inc is a technology & manufacturing company, serving customers with aerospace products & services, control, sensing and security technologies for buildings, homes and industry, turbochargers, automotive products, chemicals.