3 Stocks Attracting Investor Attention Before Earnings Release

Honeywell International, Inc. (NYSE:HON) will unveil its latest earnings on Friday, January 27, 2012. The average estimate of analysts is for profit of $1.04 per share, a rise of more than twofold 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 $1.08. Between one and three months ago, the average estimate moved down. It also has dropped from $1.05 during the last month. For the year, analysts are projecting net income of $4.03 per share, a rise of 55.6% from last year.

Last quarter, the company beat estimates by 11 cents, coming in at profit of $1.10 a share versus the estimate of net income of 99 cents a share. It marked the fourth straight quarter of beating estimates. On average, analysts predict $9.56 billion in revenue this quarter, a rise of 5.8% from the year ago quarter. Analysts are forecasting total revenue of $36.67 billion for the year, a rise of 9.9% from last year’s revenue of $33.37 billion.

Competitors to Watch: The Boeing Company (NYSE:BA), United Technologies Corp. (NYSE:UTX), Goodrich Corporation (NYSE:GR), Esterline Tech. Corp. (NYSE:ESL), Triumph Group, Inc. (NYSE:TGI), General Electric Company (NYSE:GE), Rockwell Collins, Inc. (NYSE:COL), HEICO Corporation (NYSE:HEI), and Lockheed Martin Corp. (NYSE:LMT).

D.R. Horton, Inc. (NYSE:DHI) will unveil its latest earnings on Friday, January 27, 2012. The average estimate of analysts is for profit of 5 cents per share, a swing from a loss of 4 cents in the year earlier quarter. During the past three months, the average estimate has moved down from 7 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 5 cents during the last month. For the year, analysts are projecting net income of 45 cents per share, a rise of more than threefold from last year.

The company fell short of estimates last quarter after topping forecasts the quarter prior. In the fourth quarter of the last fiscal year, it reported profit of 14 cents per share against a mean estimate of 15 cents. Two quarters ago, it beat expectations by 4 cents with net income of 9 cents. Analysts are projecting a rise of 13.8% in revenue from the year-earlier quarter to $896.9 million.

Competitors to Watch: PulteGroup, Inc. (NYSE:PHM), KB Home (NYSE:KBH), Lennar Corporation (NYSE:LEN), Toll Brothers, Inc. (NYSE:TOL), The Ryland Group, Inc. (NYSE:RYL), NVR, Inc. (NYSE:NVR), M.D.C. Holdings, Inc. (NYSE:MDC), Standard Pacific Corp. (NYSE:SPF) and Meritage Homes Corporation (NYSE:MTH).

Newell Rubbermaid, Inc. (NYSE:NWL) will unveil its latest earnings on Friday, January 27, 2012. The average estimate of analysts is for profit of 38 cents per share, a rise of 11.8% from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month. For the year, analysts are projecting net income of $1.57 per share, a rise of 3.3% from last year.

Last quarter, the company beat estimates by 3 cents, coming in at profit of 45 cents a share versus the estimate of net income of 42 cents a share. It marked the fourth straight quarter of beating estimates. On average, analysts predict $1.5 billion in revenue this quarter, a rise of 2% from the year ago quarter. Analysts are forecasting total revenue of $5.87 billion for the year, a rise of 1.9% from last year’s revenue of $5.76 billion.

Competitors to Watch: Jarden Corporation (NYSE:JAH), The Female Health Company (NASDAQ:FHCO), The Procter & Gamble Co. (NYSE:PG), Fortune Brands, Inc. (NYSE:FO), Carlisle Companies, Inc. (NYSE:CSL), Katy Industries, Inc. (KATY), The Clorox Company (NYSE:CLX), and Condomi AG (NYSE:CAG).

To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com