Honeywell International Inc. Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Honeywell International, Inc. (NYSE:HON) will unveil its latest earnings on Friday, January 27, 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 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.

Past Earnings Performance: 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.

Investing Insights: Will the iPad 3 Be the Next Catalyst for Apple’s Stock?

Wall St. Revenue Expectations: 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.

Analyst Ratings: Analysts are bullish on 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 third quarter, profit rose 72.7% to $862 million ($1.10 a share) from $499 million (64 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 10.8% to $9.3 billion from $8.39 billion.

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 12.2%, with the biggest boost coming in the first quarter when revenue rose 14.6% from the year earlier quarter.

The company has seen net income rise in three straight quarters. Net income rose 73.1% in the second quarter and 82.6% in the first quarter.

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).

Stock Price Performance: During October 25, 2011 to January 23, 2012, the stock price had risen $7.26 (14.4%) from $50.36 to $57.62. 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, rising 14.6% (+$6.13) over that span. It saw one of its worst periods between March 31, 2011 and April 13, 2011 when shares fell for 10-straight days, falling 4% (-$2.35) over that span.

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

Investing Insights: Will the iPad 3 Be the Next Catalyst for Apple’s Stock?