Honeywell (HON) : Q315 Earnings Whisper

Honeywell International Inc. (HON) is scheduled to release Q315 earnings after the close tomorrow. The Street is looking for EPS of $1.55 and revenue of $9.85 billion. Last quarter, the company posted a positive earnings surprise of 1.34%, reporting EPS of $1.51, $0.02 better than the Street’s consensus estimate of $1.49. Revs however, fell more than 5% year-over-year to $9.78 billion versus the $10.3 billion reported. Meanwhile, for the current quarter reports a whisper number of $1.57 per share.

On valuation measures, Honeywell Int’l shares are priced at 17.56x this year’s forecasted earnings, compared to the industry’s 19.35x earnings multiple. The company’s current year and next year EPS growth estimates stand at 9.70% and 9.00%, compared to the industry growth rates of 10.20% and 9.70%, respectively. HON has a t-12 price-to-sales ratio of 1.95. EPS for the same period registers at $5.58.

Honeywell shares have declined 2.05% in the last 4 weeks and 4.66% in the past three months. Over the past 5 trading sessions the stock has lost 1.24%. The Morristown, New Jersey-based company, which is currently valued at $76.62 billion, has a median Wall Street price target of $114.50 with a high target of $124.00.

Honeywell International Inc. is up 16.32% year-over-year, compared with a 7.06% gain in the S&P 500.

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