We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Seeking Clues to Honeywell International (HON) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics
Read MoreHide Full Article
Analysts on Wall Street project that Honeywell International Inc. (HON - Free Report) will announce quarterly earnings of $2.18 per share in its forthcoming report, representing an increase of 5.3% year over year. Revenues are projected to reach $9 billion, increasing 1.6% from the same quarter last year.
The current level reflects a downward revision of 1.8% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
Bearing this in mind, let's now explore the average estimates of specific Honeywell International metrics that are commonly monitored and projected by Wall Street analysts.
The consensus estimate for 'Net Sales- Honeywell Building Technologies' stands at $1.50 billion. The estimate indicates a change of +0.8% from the prior-year quarter.
The collective assessment of analysts points to an estimated 'Net Sales- Aerospace' of $3.55 billion. The estimate indicates a year-over-year change of +14.1%.
Analysts forecast 'Aerospace Sales- Commercial Aviation Aftermarket' to reach $1.64 billion. The estimate indicates a year-over-year change of +14.9%.
The consensus among analysts is that 'Aerospace Sales- Defense and Space' will reach $1.29 billion. The estimate points to a change of +12.6% from the year-ago quarter.
Based on the collective assessment of analysts, 'Aerospace Sales- Commercial Aviation Original Equipment' should arrive at $649.80 million. The estimate points to a change of +20.1% from the year-ago quarter.
According to the collective judgment of analysts, 'Honeywell Building Technologies Sales- Products' should come in at $899.44 million. The estimate indicates a year-over-year change of -0.9%.
It is projected by analysts that the 'Segment Profit- Aerospace' will reach $945.46 million. The estimate is in contrast to the year-ago figure of $827 million.
Analysts' assessment points toward 'Segment Profit- Honeywell Building Technologies' reaching $370.09 million. The estimate is in contrast to the year-ago figure of $375 million.
Shares of Honeywell International have demonstrated returns of -3.2% over the past month compared to the Zacks S&P 500 composite's -4% change. With a Zacks Rank #3 (Hold), HON is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Seeking Clues to Honeywell International (HON) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics
Analysts on Wall Street project that Honeywell International Inc. (HON - Free Report) will announce quarterly earnings of $2.18 per share in its forthcoming report, representing an increase of 5.3% year over year. Revenues are projected to reach $9 billion, increasing 1.6% from the same quarter last year.
The current level reflects a downward revision of 1.8% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
Bearing this in mind, let's now explore the average estimates of specific Honeywell International metrics that are commonly monitored and projected by Wall Street analysts.
The consensus estimate for 'Net Sales- Honeywell Building Technologies' stands at $1.50 billion. The estimate indicates a change of +0.8% from the prior-year quarter.
The collective assessment of analysts points to an estimated 'Net Sales- Aerospace' of $3.55 billion. The estimate indicates a year-over-year change of +14.1%.
Analysts forecast 'Aerospace Sales- Commercial Aviation Aftermarket' to reach $1.64 billion. The estimate indicates a year-over-year change of +14.9%.
The consensus among analysts is that 'Aerospace Sales- Defense and Space' will reach $1.29 billion. The estimate points to a change of +12.6% from the year-ago quarter.
Based on the collective assessment of analysts, 'Aerospace Sales- Commercial Aviation Original Equipment' should arrive at $649.80 million. The estimate points to a change of +20.1% from the year-ago quarter.
According to the collective judgment of analysts, 'Honeywell Building Technologies Sales- Products' should come in at $899.44 million. The estimate indicates a year-over-year change of -0.9%.
It is projected by analysts that the 'Segment Profit- Aerospace' will reach $945.46 million. The estimate is in contrast to the year-ago figure of $827 million.
Analysts' assessment points toward 'Segment Profit- Honeywell Building Technologies' reaching $370.09 million. The estimate is in contrast to the year-ago figure of $375 million.
View all Key Company Metrics for Honeywell International here>>>
Shares of Honeywell International have demonstrated returns of -3.2% over the past month compared to the Zacks S&P 500 composite's -4% change. With a Zacks Rank #3 (Hold), HON is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>