Compared to Estimates, Honeywell International (HON) Q3 Earnings: A Look at Key Metrics

Honeywell International Inc. (HON) reported $9.73 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 5.6%. EPS of $2.58 for the same period compares to $2.27 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $9.9 billion, representing a surprise of -1.71%. The company delivered an EPS surprise of +3.20%, with the consensus EPS estimate being $2.50.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how Honeywell International performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net Sales- Building Automation: $1.75 billion versus the four-analyst average estimate of $1.71 billion. The reported number represents a year-over-year change of +14.1%. Net Sales- Aerospace Technologies: $3.91 billion versus $3.97 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +11.8% change. Net Sales- Corporate and All Other: $7 million versus $4.75 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +250% change. Segment Profit- Aerospace Technologies: $1.08 billion versus the four-analyst average estimate of $1.08 billion. Segment Profit- Building Automation: $452 million versus the four-analyst average estimate of $436.96 million. Segment Profit- Energy and Sustainability Solutions: $383 million versus $407.58 million estimated by four analysts on average. Segment Profit- Industrial Automation: $508 million versus the four-analyst average estimate of $510.30 million. Segment Profit- Corporate and All Other: -$129 million versus -$149.02 million estimated by four analysts on average. View all Key Company Metrics for Honeywell International here>>>Shares of Honeywell International have returned +6.6% over the past month versus the Zacks S&P 500 composite's +1.5% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Honeywell International Inc. (HON): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks