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Honeywell(HON) - 2025 Q1 - Quarterly Results
2025-04-29 10:05
[Q1 2025 Performance and 2025 Outlook](index=1&type=section&id=HONEYWELL%20REPORTS%20FIRST%20QUARTER%20RESULTS%3B%20UPDATES%202025%20GUIDANCE) Honeywell reported strong Q1 2025 results, updated its full-year guidance, and announced significant portfolio transformation plans including the separation of Automation and Aerospace businesses [First Quarter 2025 Performance Highlights](index=1&type=section&id=First-Quarter%20Performance) Honeywell reported strong first-quarter 2025 results, exceeding guidance on all metrics. The company achieved 8% reported sales growth and 4% organic sales growth, driven by double-digit organic growth in the defense and space and building solutions sectors. While operating margin saw a slight contraction, segment margin remained flat at 23.0%. Adjusted EPS grew 7% to $2.51, and free cash flow increased significantly by 61% year-over-year Q1 2025 Financial Highlights vs. Q1 2024 (in millions) | Metric | 1Q 2025 | 1Q 2024 | Change | Organic Growth | | :--- | :--- | :--- | :--- | :--- | | **Sales** | $9,822 | $9,105 | +8% | 4% | | **Operating Income Margin** | 20.1% | 20.4% | -30 bps | N/A | | **Segment Margin** | 23.0% | 23.0% | 0 bps | N/A | | **EPS** | $2.22 | $2.23 | 0% | N/A | | **Adjusted EPS** | $2.51 | $2.34 | +7% | N/A | | **Operating Cash Flow** | $597 | $448 | +33% | N/A | | **Free Cash Flow** | $346 | $215 | +61% | N/A | - Backlog increased by **8%** year-over-year (excluding acquisitions), indicating strong customer demand, particularly in Building Automation and Energy and Sustainability Solutions[4](index=4&type=chunk) - The company deployed **$2.9 billion** in capital, including **$1.9 billion** for share repurchases, and announced the **$2.2 billion** acquisition of Sundyne[4](index=4&type=chunk)[7](index=7&type=chunk) [Full-Year 2025 Guidance Update](index=2&type=section&id=TABLE%201%3A%20FULL-YEAR%202025%20GUIDANCE) Honeywell maintained its full-year organic sales growth forecast of 2% to 5% but updated other key metrics. The company raised its adjusted EPS guidance to a range of $10.20 to $10.50, an increase of 5 cents at the midpoint. The segment margin guidance was slightly narrowed to 23.2% - 23.5%. Free cash flow guidance remains unchanged at $5.4 billion to $5.8 billion. This guidance incorporates expected impacts from tariffs and global demand uncertainty but does not yet include the pending Sundyne acquisition Full-Year 2025 Guidance Changes | Metric | Previous Guidance | Current Guidance | | :--- | :--- | :--- | | **Sales (in billions)** | $39.6 - $40.6 | $39.6 - $40.5 | | **Organic Growth** | 2% - 5% | 2% - 5% (Maintained) | | **Segment Margin** | 23.2% - 23.6% | 23.2% - 23.5% | | **Adjusted EPS** | $10.10 - $10.50 | $10.20 - $10.50 (Raised) | | **Operating Cash Flow (in billions)** | $6.7 - $7.1 | $6.7 - $7.1 (Maintained) | | **Free Cash Flow (in billions)** | $5.4 - $5.8 | $5.4 - $5.8 (Maintained) | [Portfolio Transformation](index=2&type=section&id=Portfolio%20Transformation) Honeywell is actively transforming its portfolio by planning to separate its Automation and Aerospace businesses, in addition to the previously announced spin-off of Advanced Materials. These actions, intended for completion in the second half of 2026, will result in three distinct, publicly-listed companies. The company has established dedicated management offices to oversee these separations - The company's Board of Directors has decided to separate the Automation and Aerospace businesses, along with the planned spin-off of Advanced Materials[6](index=6&type=chunk) - The transformation aims to create **three industry-leading public companies** and is expected to be completed in the **second half of 2026**[6](index=6&type=chunk) [Segment Performance Analysis](index=2&type=section&id=TABLE%203%3A%20SUMMARY%20OF%20SEGMENT%20FINANCIAL%20RESULTS) Detailed analysis of Honeywell's segment performance, highlighting sales growth, profitability, and key operational drivers across its business units [Aerospace Technologies](index=2&type=section&id=Aerospace%20Technologies) Aerospace Technologies delivered strong results with a 9% organic sales increase, driven by a 15% rise in commercial aftermarket sales and 10% growth in defense and space. Backlog grew 9% on high-single-digit order growth. However, segment margin contracted by 190 basis points to 26.3% due to mix pressure and acquisition impacts, which were partially offset by productivity actions Aerospace Technologies Q1 2025 Performance | Metric | 1Q 2025 | 1Q 2024 | Change | Organic Growth | | :--- | :--- | :--- | :--- | :--- | | **Sales (in millions)** | $4,172 | $3,669 | +14% | 9% | | **Segment Profit (in millions)** | $1,099 | $1,035 | +6% | N/A | | **Segment Margin** | 26.3% | 28.2% | -190 bps | N/A | - Growth was primarily driven by a **15%** increase in commercial aftermarket sales and a **10%** increase in defense and space sales[8](index=8&type=chunk) [Industrial Automation](index=3&type=section&id=Industrial%20Automation) Industrial Automation sales declined by 2% organically. While warehouse and workflow solutions returned to growth (up 5%), this was offset by modest declines in smart energy and thermal solutions and demand headwinds in Europe for productivity solutions. Segment margin contracted 130 basis points to 17.8%, impacted by receivables write-downs and lower volume Industrial Automation Q1 2025 Performance | Metric | 1Q 2025 | 1Q 2024 | Change | Organic Growth | | :--- | :--- | :--- | :--- | :--- | | **Sales (in millions)** | $2,378 | $2,478 | -4% | -2% | | **Segment Profit (in millions)** | $424 | $474 | -11% | N/A | | **Segment Margin** | 17.8% | 19.1% | -130 bps | N/A | - Warehouse and workflow solutions grew **5%**, but this was offset by declines in other areas. Sensing and safety technologies decreased **5%** due to weaker volumes in personal protective equipment[9](index=9&type=chunk) [Building Automation](index=3&type=section&id=Building%20Automation) Building Automation demonstrated robust performance with 8% organic sales growth. This was led by 11% organic growth in building solutions for the second consecutive quarter and 6% organic growth in building products. Orders grew both year-over-year and sequentially. Segment margin expanded significantly by 150 basis points to 26.0%, driven by volume leverage and productivity Building Automation Q1 2025 Performance | Metric | 1Q 2025 | 1Q 2024 | Change | Organic Growth | | :--- | :--- | :--- | :--- | :--- | | **Sales (in millions)** | $1,692 | $1,426 | +19% | 8% | | **Segment Profit (in millions)** | $440 | $350 | +26% | N/A | | **Segment Margin** | 26.0% | 24.5% | +150 bps | N/A | - Growth was strong across the segment, with building solutions up **11%** organically and building products up **6%** organically, highlighted by double-digit growth in fire products[9](index=9&type=chunk) [Energy and Sustainability Solutions](index=3&type=section&id=Energy%20and%20Sustainability%20Solutions) Energy and Sustainability Solutions saw a 2% organic sales decline. UOP grew 2%, but this was offset by a 4% decline in advanced materials due to tough prior-year comparisons in fluorine products. Despite the sales dip, advanced materials orders grew 7% year-over-year. Segment margin expanded by an impressive 230 basis points to 22.2%, benefiting from commercial excellence, productivity, and a margin-accretive acquisition Energy and Sustainability Solutions Q1 2025 Performance | Metric | 1Q 2025 | 1Q 2024 | Change | Organic Growth | | :--- | :--- | :--- | :--- | :--- | | **Sales (in millions)** | $1,561 | $1,525 | +2% | -2% | | **Segment Profit (in millions)** | $346 | $303 | +14% | N/A | | **Segment Margin** | 22.2% | 19.9% | +230 bps | N/A | - UOP grew **2%** led by strength in refining, petrochemicals, and sustainability projects. Advanced materials sales declined **4%** but saw double-digit order growth in fluorine products[9](index=9&type=chunk) [Consolidated Financial Statements](index=6&type=section&id=Financial%20Statements) Overview of Honeywell's consolidated financial statements, detailing the statement of operations, balance sheet, and cash flows for the reported periods [Consolidated Statement of Operations](index=6&type=section&id=Consolidated%20Statement%20of%20Operations) For the first quarter of 2025, Honeywell's net sales increased to $9.82 billion from $9.11 billion in the prior year. Income before taxes was relatively flat at $1.88 billion, and net income attributable to Honeywell was $1.45 billion, resulting in diluted earnings per share of $2.22, compared to $2.23 in Q1 2024 Q1 2025 Statement of Operations (in millions) | Line Item | Q1 2025 | Q1 2024 | | :--- | :--- | :--- | | **Net sales** | $9,822 | $9,105 | | **Total Cost of products and services sold** | $6,037 | $5,583 | | **Income before taxes** | $1,884 | $1,871 | | **Net income attributable to Honeywell** | $1,449 | $1,463 | | **Earnings per share - assuming dilution** | $2.22 | $2.23 | [Consolidated Balance Sheet](index=8&type=section&id=Consolidated%20Balance%20Sheet) As of March 31, 2025, Honeywell's total assets were $75.22 billion, nearly unchanged from December 31, 2024. Cash and cash equivalents decreased to $9.66 billion from $10.57 billion. Total liabilities increased slightly to $55.42 billion, while total shareowners' equity decreased to $18.02 billion from $19.15 billion at year-end 2024, partly due to share repurchases Balance Sheet Summary (in millions) | Account | March 31, 2025 | Dec 31, 2024 | | :--- | :--- | :--- | | **Total current assets** | $27,645 | $27,908 | | **Total assets** | $75,218 | $75,196 | | **Total current liabilities** | $22,071 | $21,256 | | **Long-term debt** | $25,744 | $25,479 | | **Total shareowners' equity** | $18,024 | $19,154 | [Consolidated Statement of Cash Flows](index=9&type=section&id=Consolidated%20Statement%20of%20Cash%20Flows) In the first three months of 2025, net cash provided by operating activities increased to $597 million from $448 million in the prior-year period. Net cash used for investing activities was $371 million. Financing activities resulted in a net cash use of $1.18 billion, driven primarily by $1.9 billion in common stock repurchases and $732 million in dividend payments. This led to a net decrease in cash of $910 million for the quarter Q1 2025 Cash Flow Summary (in millions) | Cash Flow Activity | Q1 2025 | Q1 2024 | | :--- | :--- | :--- | | **Net cash provided by operating activities** | $597 | $448 | | **Net cash used for investing activities** | ($371) | ($273) | | **Net cash (used for) provided by financing activities** | ($1,180) | $3,696 | | **Net (decrease) increase in cash** | ($910) | $3,831 | - Key financing activities included **$1.9 billion** in share repurchases and **$732 million** in cash dividends paid[35](index=35&type=chunk) [Non-GAAP Reconciliations](index=10&type=section&id=Appendix) Reconciliations of key non-GAAP financial measures to their GAAP equivalents, including organic sales, segment profit, adjusted EPS, and free cash flow [Reconciliation of Organic Sales](index=11&type=section&id=Reconciliation%20of%20Organic%20Sales%20Percent%20Change) The company provides a reconciliation from reported sales growth to organic sales growth, which excludes the impacts of foreign currency translation and acquisitions/divestitures. For Q1 2025, total company reported sales growth of 8% was adjusted for a 5% positive impact from acquisitions and a 1% negative impact from currency, resulting in 4% organic sales growth Q1 2025 Organic Sales Reconciliation | Segment | Reported Change | Foreign Currency | Acquisitions/Divestitures | Organic Change | | :--- | :--- | :--- | :--- | :--- | | **Honeywell** | 8% | (1)% | 5% | 4% | | **Aerospace** | 14% | 0% | 5% | 9% | | **Industrial Auto.** | (4)% | (2)% | 0% | (2)% | | **Building Auto.** | 19% | (2)% | 13% | 8% | | **Energy & Sust.** | 2% | (1)% | 5% | (2)% | [Reconciliation of Operating Income to Segment Profit](index=12&type=section&id=Reconciliation%20of%20Operating%20Income%20to%20Segment%20Profit) Honeywell reconciles GAAP Operating Income to the non-GAAP measure of Segment Profit by excluding items such as stock compensation, repositioning charges, amortization of acquisition-related intangibles, and other specific costs. In Q1 2025, Operating Income of $1.97 billion was reconciled to Segment Profit of $2.26 billion. This resulted in an Operating Income Margin of 20.1% and a Segment Profit Margin of 23.0% Q1 2025 Operating Income to Segment Profit (in millions) | Line Item | Q1 2025 | | :--- | :--- | | **Operating income** | $1,970 | | Stock compensation expense | $61 | | Repositioning, Other | $62 | | Amortization of acquisition-related intangibles | $136 | | Impairment of assets held for sale | $15 | | Other adjustments | $14 | | **Segment profit** | $2,258 | | **Operating income margin %** | 20.1% | | **Segment profit margin %** | 23.0% | [Reconciliation of EPS to Adjusted EPS](index=13&type=section&id=Reconciliation%20of%20Earnings%20per%20Share%20to%20Adjusted%20Earnings%20per%20Share) The company adjusts diluted EPS to arrive at adjusted EPS, which it believes provides a more meaningful measure of ongoing performance. For Q1 2025, diluted EPS of $2.22 was adjusted for items including pension mark-to-market expense ($0.02), amortization of acquisition-related intangibles ($0.16), and divestiture-related costs ($0.08), resulting in an adjusted EPS of $2.51 Q1 2025 EPS to Adjusted EPS Reconciliation | Line Item | Per Share Amount | | :--- | :--- | | **Earnings per share - diluted** | $2.22 | | Pension mark-to-market expense | $0.02 | | Amortization of acquisition-related intangibles | $0.16 | | Acquisition-related costs | $0.01 | | Divestiture-related costs | $0.08 | | Impairment of assets held for sale | $0.02 | | **Adjusted earnings per share - diluted** | $2.51 | [Reconciliation of Operating Cash Flow to Free Cash Flow](index=14&type=section&id=Reconciliation%20of%20Cash%20Provided%20by%20Operating%20Activities%20to%20Free%20Cash%20Flow) Honeywell defines Free Cash Flow (FCF) as cash from operating activities minus capital expenditures. For Q1 2025, the company generated $597 million in operating cash flow and had $251 million in capital expenditures, resulting in Free Cash Flow of $346 million, a 61% increase from the $215 million generated in Q1 2024. The full-year 2025 FCF guidance is projected at $5.4 to $5.8 billion Q1 Free Cash Flow Reconciliation (in millions) | Line Item | Q1 2025 | Q1 2024 | | :--- | :--- | :--- | | **Cash provided by operating activities** | $597 | $448 | | Capital expenditures | ($251) | ($233) | | **Free cash flow** | $346 | $215 | Full-Year 2025 Expected Free Cash Flow (in billions) | Line Item | FY 2025 (E) | | :--- | :--- | | **Cash provided by operating activities** | ~$6.7 - $7.1 | | Capital expenditures | ~($1.3) | | **Free cash flow** | ~$5.4 - $5.8 |
HONEYWELL REPORTS FIRST QUARTER RESULTS; UPDATES 2025 GUIDANCE
Prnewswire· 2025-04-29 10:00
Core Insights - Honeywell reported strong first-quarter results, exceeding guidance across all metrics, with a year-over-year sales growth of 8% and organic sales growth of 4% [2][3][8] - The company maintained its full-year organic growth guidance while raising its adjusted earnings per share guidance range [1][3][8] Financial Performance - First-quarter operating income increased by 6% to $1.97 billion, with segment profit rising 8% to $2.26 billion [2][6][14] - Earnings per share for the first quarter was $2.22, flat year over year, while adjusted earnings per share rose 7% to $2.51 [2][8][43] - Operating cash flow was $0.6 billion, and free cash flow increased by 61% year over year to $0.3 billion [2][8][14] Segment Performance - Aerospace Technologies sales grew 14% year over year, with a 9% organic growth driven by strong performance in commercial aftermarket and defense [7][14] - Industrial Automation sales declined 2% organically, with a segment margin contraction of 130 basis points to 17.8% [9][15] - Building Automation sales increased 19% year over year, with an 8% organic growth and segment margin expansion of 150 basis points to 26.0% [10][15] Strategic Initiatives - Honeywell is pursuing a separation of its Automation and Aerospace businesses, alongside a spin-off of Advanced Materials, expected to be completed in the second half of 2026 [4][5] - The company announced the acquisition of Sundyne for $2.2 billion and repurchased $1.9 billion of its shares during the quarter [5][8] Guidance Updates - Full-year sales are now expected to be between $39.6 billion and $40.5 billion, with organic sales growth projected in the range of 2% to 5% [3][13] - Adjusted earnings per share guidance has been raised to a range of $10.20 to $10.50, reflecting a 5-cent increase at the midpoint from prior guidance [3][13]
How To Earn $500 A Month From Honeywell International Stock Ahead Of Q1 Earnings
Benzinga· 2025-04-28 12:40
Honeywell International Inc. HON will release its first-quarter financial results before the opening bell on Tuesday, April 29. Note that dividend yield can change on a rolling basis, as the dividend payment and the stock price both fluctuate over time. The dividend yield is calculated by dividing the annual dividend payment by the current stock price. As the stock price changes, the dividend yield will also change. For example, if a stock pays an annual dividend of $2 and its current price is $50, its divi ...
Honeywell Gears Up to Report Q1 Earnings: What to Expect?
ZACKS· 2025-04-25 16:35
Honeywell International Inc. (HON) is scheduled to release first-quarter 2025 results on April 29, before market open.The Zacks Consensus Estimate for HON’s first-quarter revenues is pegged at $9.6 billion, indicating growth of 5.2% from the prior-year quarter’s figure. The consensus mark for earnings is pinned at $2.21 per share, which has edged down 2.2% in the past 60 days. The figure indicates a decline of 1.8% from the year-ago quarter's figure.The company delivered better-than-expected results in each ...
Unveiling Honeywell International (HON) Q1 Outlook: Wall Street Estimates for Key Metrics
ZACKS· 2025-04-24 14:20
Core Viewpoint - Analysts expect Honeywell International Inc. to report quarterly earnings of $2.21 per share, reflecting a year-over-year decline of 1.8%, with revenues projected at $9.57 billion, an increase of 5.2% from the previous year [1] Earnings Estimates - The consensus EPS estimate has been revised downward by 1% over the past 30 days, indicating a collective reassessment by analysts [1][2] Revenue Projections - Analysts predict 'Net Sales- Aerospace Technologies' to be $4.04 billion, representing a year-over-year increase of 10.2% [4] - 'Net Sales- Building Automation' is expected to reach $1.59 billion, indicating an 11.2% year-over-year change [4] - The estimate for 'Net Sales- Corporate and All Other' stands at $10.85 million, suggesting a significant year-over-year increase of 55% [4] Segment Performance - 'Aerospace Technologies- Defense and Space' is projected to reach $1.52 billion, reflecting a year-over-year increase of 13.8% [5] - 'Aerospace Technologies- Commercial Aviation Original Equipment' is expected to be $723.95 million, indicating a 7.4% increase from the prior year [5] - 'Building Automation Sales- Building Solutions' is estimated at $625.14 million, showing a 2% change from the previous year [6] - 'Aerospace Technologies- Commercial Aviation Aftermarket' is projected at $1.78 billion, reflecting a year-over-year increase of 7.2% [6] - 'Building Automation Sales- Products' is expected to be $965.55 million, indicating an 18.8% increase from the year-ago quarter [7] - 'Segment Profit- Aerospace Technologies' is projected at $1.06 billion, compared to $1.03 billion in the same quarter last year [7] - 'Segment Profit- Building Automation' is expected to arrive at $411.37 million, compared to $342 million from the previous year [8] Stock Performance - Honeywell International shares have shown a return of -7.4% over the past month, compared to a -5.1% change in the Zacks S&P 500 composite [8]
Honeywell International Inc. (HON) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release
ZACKS· 2025-04-22 15:07
Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for Honeywell International Inc. despite higher revenues, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - The upcoming earnings report is expected on April 29, 2025, with an estimated EPS of $2.21, reflecting a -1.8% change year-over-year, and revenues projected at $9.57 billion, a 5.2% increase from the previous year [3][2]. Estimate Revisions - The consensus EPS estimate has been revised down by 1.04% over the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate is higher than the consensus, resulting in an Earnings ESP of +0.34%, indicating a likelihood of beating the consensus EPS estimate [10][11]. Historical Performance - Honeywell has consistently beaten consensus EPS estimates, achieving a surprise of +6.93% in the last reported quarter and beating estimates in all of the last four quarters [12][13]. Conclusion - Honeywell International is positioned as a strong candidate for an earnings beat, but investors should consider additional factors beyond earnings expectations when making investment decisions [16].
Honeywell Before Q1: Stability Is There, But Not Enough To Buy
Seeking Alpha· 2025-04-21 17:40
Company Overview - Honeywell International Inc. (HON) is characterized as a very strong company, noted for its profitability, effective management, and diversification across multiple segments [1] - The company possesses a solid balance sheet and a long-term strategic vision [1] Investment Focus - The analysis emphasizes a passion for finance and investing, particularly in business analysis, fundamental analysis, valuation, and long-term growth [1] - Key sectors of interest include AI, fintech, finance, and technology [1] Research and Analysis - The company actively engages in analyzing publicly traded companies, focusing on business models, earnings performance, and competitive positioning [1] - There is a commitment to providing clear, unbiased insights into companies' strengths, risks, and valuation to assist investors in forming their own opinions and investment strategies [1]
Honeywell International Inc. (HON) Exceeds Market Returns: Some Facts to Consider
ZACKS· 2025-04-17 23:20
Group 1 - Honeywell International Inc. closed at $196.60, with a +1.72% change, outperforming the S&P 500's gain of 0.13% but underperforming the Dow and Nasdaq [1] - Over the last month, Honeywell's shares decreased by 7.37%, which is better than the Conglomerates sector's loss of 9.72% but worse than the S&P 500's loss of 6.3% [1] Group 2 - The upcoming earnings report for Honeywell is scheduled for April 29, 2025, with an expected EPS of $2.20, reflecting a 2.22% decline year-over-year, and anticipated revenue of $9.57 billion, indicating a 5.15% increase [2] - For the entire year, Zacks Consensus Estimates forecast earnings of $10.26 per share and revenue of $40.2 billion, representing changes of +3.74% and +4.41% respectively compared to the previous year [3] Group 3 - Recent revisions to analyst forecasts for Honeywell are important as they indicate changing near-term business trends, with positive revisions seen as a good sign for the company's outlook [4] - The Zacks Rank system, which incorporates estimate changes, currently ranks Honeywell at 3 (Hold), with a recent downward shift of 0.84% in the EPS estimate [5][6] Group 4 - Honeywell is trading with a Forward P/E ratio of 18.84, which is higher than the industry average of 15.61, suggesting it is trading at a premium [7] - The company's PEG ratio is currently 2.28, compared to the Diversified Operations industry's average PEG ratio of 1.42, indicating a higher valuation relative to expected earnings growth [8] Group 5 - The Zacks Industry Rank places the Diversified Operations industry in the top 34% of all industries, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [9]
赛默飞CFO空降霍尼韦尔
仪器信息网· 2025-04-15 06:43
特别提示 微信公众号机制调整,请点击顶部"仪 器信息网" → 右上方"…" → 设为 ★ 星标,否则很可能无法看到我们的推送。 霍尼韦尔近日宣布一项重要人事任命:赛默飞世尔科技首席财务官St e p h e n Willi ams o n将加入其董事会,担任独立董 事及审计委员会成员。这一决策被外界视为霍尼韦尔强化财务治理能力、深化全球战略布局的关键一步。霍尼韦尔董事 长兼首席执行官Vima l Ka p u r表示:"St e p h e n的财务专长、国际业务经验以及对行业的深刻理解,将为公司推动增长 与创新提供重要价值。" 霍尼韦尔董事会迎来战略并购专家:Willi ams on的行业经验赋能三大核心赛道 霍尼韦尔宣布,前赛默飞世尔科技执行副总裁兼首席战略官Willi ams o n正式加入董事会。其近2 4年在赛默飞世尔的任 职经历,尤其是主导多项关键并购的实战经验,将为霍尼韦尔的全球化战略提供重要支持。近年来,霍尼韦尔持续通过 并购深化在自动化、航空技术及能源转型领域的布局,而Willi ams o n在复杂交易中的领导能力,将显著增强公司战略 落地的执行力与效率。 战略协同:聚焦"超级趋势"与财务 ...
Honeywell International (HON) Surges 8.9%: Is This an Indication of Further Gains?
ZACKS· 2025-04-10 12:40
Company Overview - Honeywell International Inc. (HON) shares increased by 8.9% to close at $199.10, following a period of 12.3% loss over the past four weeks, indicating a significant rebound in stock performance [1] - The stock's rally is supported by optimism regarding the Trump administration's announcement of a temporary halt on reciprocal tariffs for multiple countries, as well as a recent corporate update [2] Earnings Expectations - Honeywell is expected to report quarterly earnings of $2.21 per share, reflecting a year-over-year decline of 1.8%, while revenues are projected to be $9.58 billion, representing a 5.2% increase from the same quarter last year [3] - The consensus EPS estimate for Honeywell has remained unchanged over the last 30 days, suggesting that stock price movements may not sustain without trends in earnings estimate revisions [4] Industry Context - Honeywell operates within the Zacks Diversified Operations industry, where Griffon (GFF) also resides. GFF shares increased by 10% to $72.17, despite a -5% return over the past month [4] - Griffon's consensus EPS estimate has decreased by 0.1% to $1.13, which is a 16.3% decline compared to the previous year, and it currently holds a Zacks Rank of 1 (Strong Buy) [5]