Honeywell International Inc. First Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Honeywell International, Inc. (NYSE:HON) will unveil its latest earnings on Friday, April 20, 2012. Honeywell International is a technology and manufacturing company which offers aerospace products and services, control, sensing and security technologies for buildings, homes and industry, turbochargers and automotive products.

Honeywell International, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 99 cents per share, a rise of 12.5% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from $1.02. Between one and three months ago, the average estimate moved down. It has risen from 98 cents during the last month. Analysts are projecting profit to rise by 17.2% compared to last year’s $4.44.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by one cent, reporting profit of $1.05 per share against a mean estimate of net income of $1.04 per share.

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Wall St. Revenue Expectations: Analysts predict a rise of 5.7% in revenue from the year-earlier quarter to $9.16 billion.

Analyst Ratings: Analysts are optimistic about this stock, with 13 analysts rating it as a buy, none rating it as a sell and five rating it as a hold.

A Look Back: In the fourth quarter of the last fiscal year, the company swung to a loss of $310 million (38 cents a share) from a profit of $669 million (85 cents) a year earlier, but beat analyst expectations. Revenue rose 4.8% to $9.47 billion from $9.04 billion.

Key Stats:

On the top line, the company is looking to build on four-straight revenue increases heading into this earnings announcement. Revenue rose 14.6% in the first quarter of the last fiscal year, 11.3% in the second quarter of the last fiscal year and 10.8% in the third quarter of the last fiscal year before increasing again in the fourth quarter of the last fiscal year of the last fiscal year.

Stock Price Performance: Between March 16, 2012 and April 16, 2012, the stock price dropped $2.37 (-3.9%), from $60.37 to $58. The stock price saw one of its best stretches over the last year between October 3, 2011 and October 12, 2011, when shares rose for eight straight days, increasing 14.6% (+$6.09) over that span. It saw one of its worst periods between April 2, 2012 and April 10, 2012 when shares fell for six straight days, dropping 7.4% (-$4.54) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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