Honeywell International Earnings Preview: Can This Streak Continue?

Honeywell International (NYSE:HON) will report earnings before markets open on Friday, July 19th. Honeywell International Inc. is a diversified technology and manufacturing company with operations around the world. The Company provides aerospace products and services, control technologies, automotive products, and power generation systems. Honeywell also provides specialty chemicals, fibers, plastics, and electronic and advanced materials.

Here is your Cheat Sheet to Honeywell International Earnings:

Earnings Expectations: Analysts expect earnings of $1.21 per share on revenues of $9.70 billion. Currently, the company’s P/E ratio stands at 21.33.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $1.26 to a profit $1.24. For the current year, the average estimate is a profit of $4.95, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Honeywell International has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 36,556 30,908 33,370 36,529 37,665
Diluted EPS ($) 3.76 2.85 2.59 2.61 3.69

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 9,435.00 9,342.00 9,581.00 9,328.00
Diluted EPS ($) 1.14 1.20 0.32 1.21

Past Performance:
Honeywell International has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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