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 28 with a conference call scheduled for 8:00 am ET.


Analysts are looking for EPS of 87c on revenue of $8.84B. The consensus range is 81c-90c for EPS, and $8.59B-$8.94B for revenue, according to First Call. The company reported positive Q3 results, beating EPS and revenue estimates. On its conference call, the company issued Q4 guidance of 78c for EPS and $8.8B for revenue. It also forecast double-digit earnings growth ex-pension for 2011. On December 10, it raised its dividend 10%, effective Q3 FY11. On December 15, it issued FY11 guidance of $3.50-$3.70 for adjusted EPS, and $35B-$36B for revenue. Recent sentiment in the stock has been positive, with several upgrades. The stock has rallied approximately 17% since Q3 results were released in October, moving from $47 to above $55, making a fresh 52-week high in the process. The shares are up 46% since August of last year. Investors will determine how much of the good news has been discounted when Honeywell reports on Friday morning.

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Tagged: , Aerospace/Defense Products & Services, Earnings
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