Honeywell International Inc. (HON)
Honeywell: Why I Am Buying The Drop
Honeywell reported better-than-expected profits in Q3 2024 but reduced its full-year sales and profit forecast due to cost pressures and weaker performance in Industrial Automation. Aerospace Technologies and Building Automation segments showed strong double-digit sales growth, helping to offset a 5% sales decline in Industrial Automation. Despite the sell-off, Honeywell remains appealing for passive income investors with a reliable 2% dividend yield and a lower valuation, especially with potential for long-term dividend growth.
Honeywell Stock: Plenty Of Bullish Tailwinds Into 2025
Honeywell reported its Q3 earnings with strong momentum in Aerospace Technologies, balancing weaker trends from Industrial Automation. The company's efforts to lift margins higher are proving successful, supporting a positive earnings outlook. HON stock could be undervalued assuming top-line growth rebounds into 2025 and beyond.
Honeywell Stock Catches Third Downgrade, Loses Another Bull
Wolfe Research's Nigel Coe downgraded Honeywell stock to Hold from Buy, and removed a $233 price target.
Honeywell sales projections fall short due to ongoing supply-chain disruptions
Honeywell projected annual sales below Wall Street expectations and missed quarterly revenue estimates on Thursday as the industrial giant struggles with persistent supply-chain disruptions and weakness in its industrial automation business.
Honeywell's Q3 Earnings Beat Estimates, Aerospace Sales Rise Y/Y
HON's third-quarter 2024 results benefit from growth in commercial aviation and defense & space end markets. Persistent softness across the warehouse & workflow solutions business hurts results.
Honeywell Stock Falls After Its Revenue, Outlook Disappoint Wall Street
Honeywell International (HON) shares declined Thursday after the aviation and safety equipment manufacturer missed sales estimates and lowered its revenue guidance as demand for its industrial automation products slumped.
Why Honeywell Stock Is Down Today
A slight earnings beat doesn't mask headwinds impacting the business.
Honeywell International Inc. (HON) Q3 2024 Earnings Call Transcript
Honeywell International Inc. (NASDAQ:HON ) Q3 2024 Earnings Conference Call October 24, 2024 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 Conference Call Participants Julian Mitchell - Barclays Steve Tusa - JPMorgan Nigel Coe - Wolfe Research Scott Davis - Melius Research Chris Snyder - Morgan Stanley Sheila Kahyaoglu - Jefferies Deane Dray - RBC Capital Markets Joe Ritchie - Goldman Sachs Andy Kaplowitz - Citigroup Operator Thank you for standing by, and welcome to the Honeywell Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Compared to Estimates, Honeywell International (HON) Q3 Earnings: A Look at Key Metrics
Although the revenue and EPS for Honeywell International (HON) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Honeywell Revenue Hurt by Drop in Industrial Automation Sales
Honeywell International (HON) shares declined Thursday after the aviation and safety equipment manufacturer missed sales estimates and lowered its revenue guidance as demand for its industrial automation products slumped.
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Honeywell International Inc. (HON) Tops Q3 Earnings Estimates
Honeywell International Inc. (HON) came out with quarterly earnings of $2.58 per share, beating the Zacks Consensus Estimate of $2.50 per share. This compares to earnings of $2.27 per share a year ago.
