Honeywell International (HON) Surges 8.9%: Is This an Indication of Further Gains?

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]