Charlotte, North Carolina-based Honeywell International Inc. (HON) operates in the aerospace technologies, industrial automation, building automation, and energy and sustainability solutions sectors. Valued at $132.7 billion by market cap, its business is aligned with three powerful megatrends – automation, the future of aviation and energy transition, underpinned by its Honeywell Accelerator operating system and Honeywell Forge IoT platform. The diversified industrial conglomerate is expected to announce its fiscal third-quarter earnings for 2025 before the market opens on Thursday, Oct. 23.
Ahead of the event, analysts expect HON to report a profit of $2.57 per share on a diluted basis, down marginally from $2.58 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports.
For the full year, analysts expect HON to report EPS of $10.57, up 6.9% from $9.89 in fiscal 2024. Its EPS is expected to rise 7.8% year-over-year to $11.39 in fiscal 2026.
HON stock has underperformed the S&P 500 Index’s ($SPX) 17.2% gains over the past 52 weeks, with shares up 2.6% during this period. Similarly, it underperformed the Industrial Select Sector SPDR Fund’s (XLI) 14.5% gains over the same time frame.
HON’s underperformance stems from a decline in sales driven by softness in warehouse and workflow solutions, as well as weakness in fluorine products.
On Jul. 24, HON shares closed down more than 6% after reporting its Q2 results. Its adjusted EPS of $2.75 surpassed the consensus estimate of $2.64. The company’s revenue was $10.4 billion, beating the consensus estimate of $10 billion.
Analysts’ consensus opinion on HON stock is reasonably bullish, with a “Moderate Buy” rating overall. Out of 23 analysts covering the stock, 12 advise a “Strong Buy” rating, and 11 give a “Hold.” HON’s average analyst price target is $254.25, indicating a potential upside of 21.7% from the current levels.
On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com
