Honeywell International Inc. (NASDAQ:HON) Q4 2024 Earnings Conference Call February 6, 2025 8:30 AM ET Company Participants Sean Meakim - Vice President of Investor Relations Vimal Kapur - Chairman and Chief Executive Officer Greg Lewis - Senior Vice President and Chief Financial Officer Mike Stepniak - Incoming CFO Conference Call Participants Julian Mitchell - Barclays Scott Davis - Melius Research Sheila Kahyaoglu - Jefferies Stephen Tusa - JPMorgan Nigel Coe - Wolfe Research Christopher Snyder - Morgan ...

Honeywell International reported earnings surpassing expectations, highlighting strong performance and strategic shifts.Honeywell International (HON -6.45%), a diversified technology and manufacturing company, released its fourth-quarter 2024 earnings on Feb. 6, 2025. The company reported an adjusted EPS of $2.47, surpassing analyst estimates of $2.32. Revenue for the quarter stood at $10.1 billion, higher than the projected $9.835 billion. Operating margin reached 17.3%, showing improvement over the previo ...

For the quarter ended December 2024, Honeywell International Inc. (HON) reported revenue of $10.09 billion, up 6.9% over the same period last year. EPS came in at $2.47, compared to $2.60 in the year-ago quarter.The reported revenue represents a surprise of +2.30% over the Zacks Consensus Estimate of $9.86 billion. With the consensus EPS estimate being $2.31, the EPS surprise was +6.93%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare t ...

Honeywell International Inc (NASDAQ:HON) announced plans to split into three independent companies following pressure from activist investor Elliott Management. The multinational conglomerate intends to separate its aerospace unit from its automation business and move forward with spinning off its advanced materials division.Additionally, the blue-chip firm provided a lighter-than-expected 2025 forecast, projecting adjusted earnings between $10.10 and $10.50 per share, falling short of the FactSet consensus ...

Core Viewpoint - Honeywell International plans to split into three independent companies to enhance strategic focus and financial flexibility, following a trend among conglomerates and pressure from activist investors [2][3][4]. Company Strategy - The separation will involve splitting the aerospace division from the automation business and spinning off the advanced-materials arm, with completion expected by the second half of 2026 [3][4]. - CEO Vimal Kapur emphasized that the breakup aims to create industry-leading companies with tailored growth strategies and significant value for shareholders and customers [4]. Financial Performance - Honeywell reported fourth-quarter revenue of $10.1 billion, reflecting a 7% year-over-year increase, and adjusted earnings per share (EPS) of $2.47, which exceeded Visible Alpha estimates [4]. - However, the reported EPS of $1.96 fell short of forecasts, indicating mixed results for the quarter [4]. - The company projects adjusted EPS for 2025 to be between $10.10 and $10.50, representing a growth of 2% to 6% [4]. Market Context - The breakup announcement follows General Electric's successful three-way split last year, which significantly increased the market value of its separated units [5]. - Honeywell shares have increased by 15% over the past year, indicating positive market sentiment despite the recent volatility in premarket trading [2][5].

Honeywell International Inc. (HON) came out with quarterly earnings of $2.47 per share, beating the Zacks Consensus Estimate of $2.31 per share. This compares to earnings of $2.60 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.93%. A quarter ago, it was expected that this company would post earnings of $2.50 per share when it actually produced earnings of $2.58, delivering a surprise of 3.20%.Over the last four quarters, th ...

Exhibit 99.1 Contacts: Stacey Jones Sean Meakim (980) 378-6258 (704) 627-6200 Media Investor Relations stacey.jones@honeywell.com sean.meakim@honeywell.com HONEYWELL ANNOUNCES FOURTH QUARTER AND FULL YEAR 2024 RESULTS; ISSUES 2025 GUIDANCE CHARLOTTE, N.C., February 6, 2025 -- Honeywell (NASDAQ: HON) today announced results for the fourth quarter and 2024 that met or exceeded the company's updated full-year guidance. The company also provided its outlook for 2025 and separately announced its Board of Directo ...

Honeywell Automation will be a pure play automation leader with global scale and a vast installed base Honeywell Aerospace will be a premier technology and systems provider enabling the future of aviation globally Advanced Materials, previously announced to be spun, will be a leading provider of sustainability-focused specialty chemicals and materials Separation of Automation and Aerospace to be completed in a manner that is tax-free to Honeywell shareholders in the second half of 2026 CHARLOTTE, N.C., Fe ...

Wall Street analysts forecast that Honeywell International Inc. (HON) will report quarterly earnings of $2.37 per share in its upcoming release, pointing to a year-over-year decline of 8.9%. It is anticipated that revenues will amount to $9.92 billion, exhibiting an increase of 5.1% compared to the year-ago quarter.The current level reflects a downward revision of 1.2% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively ...

Honeywell International Inc. (HON) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be relea ...