Can Aerospace Strength Drive Honeywell (HON) In Q1 Earnings?
Zacks Investment Research | Apr 17, 2018 11:01PM ET
Technology and manufacturing giant, Honeywell International Inc. (NYSE:HON) , is scheduled to report first-quarter 2018 results on Apr 20, before the opening bell. For the quarter, the company anticipates solid revenues from its Aerospace Business, which constitutes the major portion of total revenues.
Last quarter, Honeywell reported earnings of $1.85 per share, delivering a beat of 0.5%. In the trailing four quarters, the company pulled off an average positive earnings surprise of 1.3%.
We expect Honeywell to score an earnings beat in the to-be-reported quarter as well.
Why a Likely Positive Surprise?
Our proven model shows that Honeywell has the right combination of two key ingredients. A stock needs to have both a positive Zacks Investment Research
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