- Honeywell’s adjusted earnings per share (EPS) for the first quarter is $2.25, higher than the $2.07 from the same period last year.
- The sales for Honeywell have increased by 2.7% year-on-year, amounting to $9.11 billion. This is slightly above the estimated $9 billion.
- Honeywell’s sales forecast for the year remains unchanged, with predictions ranging between $38.1 billion and $38.9 billion.
- The estimated sales for the year stood at $38.39 billion.
Honeywell International on Smartkarma
Analyst coverage of Honeywell International on Smartkarma reveals positive sentiment from Baptista Research. In a report titled “Honeywell International – Heavy Investment in Aerospace & Other Futuristic Strategies Propelling Them Forward! – Major Drivers,” the analysts highlight the company’s successful fourth quarter 2023 earnings in a dynamic environment. Honeywell’s Accelerator operating system and advanced technologies enabled it to meet its 2023 commitments, including organic growth, adjusted earnings per share, and free cash flow. The report also notes leadership changes at Honeywell, with Vimal Kapur, CEO, set to become Chairman following the retirement of the current Executive Chairman, Darius Adamczyk.
A look at Honeywell International Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
With a mix of moderate scores across Value, Dividend, Growth, Resilience, and Momentum, the long-term outlook for Honeywell International appears balanced. While the company may not stand out significantly in any single category, its diversified portfolio spanning aerospace, control technologies, automotive products, and energy efficient solutions positions it well for stability and growth moving forward.
Honeywell International Inc. operates in various industries, from aerospace to specialty chemicals, refining, and energy-efficient solutions. With its Smartkarma Smart Scores hinting at a solid foundation in key areas, the company seems poised to navigate future market challenges while leveraging its strengths in technology and manufacturing to drive sustained performance.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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