Earnings Preview: Honeywell International Revenue Expected to Rise - Boeing (NYSE:BA)

It's time to get ready for Honeywell International HON earnings! Don't be caught off-guard: The company releases its next round of earnings this Friday, July 22, 2011.

Want to skip the homework and get all the facts in one place? We thought so. Here is your everything-that-matters guide for this Friday's second quarter earnings announcement.

Let's Do the Numbers:

Wall Street expects a positive EPS reading of 98 cents per share and revenues of $9.27 billion. We'll have to wait for Friday to see if Honeywell International has accomplished the estimated 63% rise in EPS and 14% increase in revenues on a year-over-year basis.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter	Q1	Q4	Q3	Q2
EPS Estimate	$0.81	$-0.24	$0.63	$0.57
EPS Actual	$0.88	$0.47	$0.64	$0.6

Stock Performance:

Shares of Honeywell International were trading at $56.57 as of July 18, 2011. Since January 1st, shares of Honeywell International have given investors a return of 7.6%. For a full 12 months, the return has risen by 26.4%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

Long-term shareholders are already enjoying 12-month gains prior to the announcement

Average Stock Rating:

The average rating by analysts for Honeywell International is a Moderate Buy. The strength of this rating has crept upwards over the past three months.

Competitors:

Want to check out the performance of Honeywell International closest competitors? Take a look at some of the company's peers in the industrials sector.

Boeing Company BA: Moderate Buy with a $0.79 recent quarter EPS
Rockwell Collins COL: Moderate Buy with a $0.96 recent quarter EPS
General Electric Company GE: Moderate Buy with a $0.31 recent quarter EPS
Esterline Technologies (ESL): Moderate Buy with a $1.47 recent quarter EPS

The diversified operations company's industry has seen price/earnings growth of 1.2% during the current fiscal year.

Finally, a description of the main business areas of the company, in case you need a little refresher: Honeywell International Inc. is a technology and manufacturing company which offers aerospace products and services, control, sensing and security technologies for buildings, homes and industry, turbochargers and automotive products.

Take Action:

Now that you've gotten an advanced peak at Honeywell International's upcoming earnings numbers, keep an eye out for any surprises in the report and be ready to take action. Also, check back in with us after the announcement for a full recap and a guide to your next steps.

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