HON Earnings Prediction
The chart below shows how HON performed 10 days before and after its earnings report, based on data from the past quarters. Typically, HON sees a -0.34% change in stock price 10 days leading up to the earnings, and a +1.77% change 10 days following the report. On the earnings day itself, the stock moves by -0.49%. This data can give you a slight idea of what to expect for the next quarter's release.
HON Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
9.73B
5.60%
1.58%
Gross Margin
38.54%
0.23%
-0.80%
Operating Margin
21.84%
-2.89%
-1.67%
Net Margin
14.55%
-11.55%
-10.68%
EPS
2.16
-4.85%
-8.47%
No Data Available
HON Earnings Analysis
Honeywell International, Inc. Corporation (HON.O) Earnings Conference Call
Positive
Operational Excellence Commitment: Honeywell demonstrated a commitment to operational excellence in the third quarter, exceeding the high-end of our adjusted earnings per share and segment margin guidance ranges despite sales coming in below our guided range.
Record Orders Achievement: We booked a record $1 billion of orders in UOP, showing the strength of our technology and the promise of our sustainability offerings.
Flight Control System Selection: This quarter, Electra selected Honeywell's flight control computers and electronic actuation system for its hybrid electric short takeoff and landing aircraft.
Strategic Acquisitions Overview: We have successfully closed four acquisitions this year, representing over $9 billion in deployed capital to M&A, bolstering our capability across automation, aerospace and energy transition.
Capital Deployment Progress: We are on track to deploy over $14 billion in capital this year, demonstrating meaningful progress towards strengthening and simplifying our portfolio.
Negative
Earnings Decline Analysis: Earnings per share for the third quarter was $2.16, down 5% year-over-year, indicating a decline in profitability.
Earnings Growth Analysis: Adjusted earnings per share was $2.58, up 8% year-over-year, but this was primarily driven by segment profit growth and lower interest expense, suggesting underlying challenges.
Quarterly Organic Growth Decline: Organic growth of 3% in the quarter was below guidance, reflecting weaker performance in the industrial automation segment.
Segment Margin Stability: Segment margin remained flat at 23.6%, indicating no improvement despite efforts to enhance operational efficiency.
Adjusted EPS Outlook: The company expects full-year adjusted EPS to be in the range of $10.15 to $10.25, down from previous expectations of 5% to 6% growth, reflecting a more cautious outlook.
HON FAQs
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HON Earning Call Sentiment
Honeywell International Inc. (HON) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
HON.O
1.9%Positive
The earnings call summary presents a mixed picture. Financial performance is stable, but organic sales growth is below expectations. Product development and market strategy are promising, with acquisitions and digital transformation. However, geopolitical uncertainties and project delays pose risks. Expenses and financial health are stable, with a strong backlog and cash flow. Shareholder returns are positive, with significant buybacks and dividends. The Q&A highlights cautious management sentiment and external challenges. Overall, the combination of positive and negative factors suggests a neutral stock price movement in the short term.