Honeywell International (NYS: HON) is expected to report Q2 earnings on July 18. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Honeywell International's revenues will improve 5.3% and EPS will increase 11.0%.
The average estimate for revenue is $9.56 billion. On the bottom line, the average EPS estimate is $1.11.
Last quarter, Honeywell International tallied revenue of $9.31 billion. GAAP reported sales were 7.3% higher than the prior-year quarter's $8.67 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $1.04. GAAP EPS of $1.04 for Q1 were 18% higher than the prior-year quarter's $0.88 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 26.1%, 20 basis points better than the prior-year quarter. Operating margin was 12.9%, 120 basis points better than the prior-year quarter. Net margin was 8.8%, 70 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $38.45 billion. The average EPS estimate is $4.49.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,215 members out of 1,291 rating the stock outperform, and 76 members rating it underperform. Among 328 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 317 give Honeywell International a green thumbs-up, and 11 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Honeywell International is outperform, with an average price target of $66.75.
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The article Honeywell International, in the Spotlight Soon originally appeared on Fool.com.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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