What to Expect From Honeywell's Earnings
Jul 17th 2012 6:00PM
Updated Jul 17th 2012 6:02PM
Today, industrials editor and analyst Brendan Byrnes discusses Honeywell's (NYS: HON) earnings, to be released tomorrow. After the company reported EPS at $1.04 for the first quarter and raised its 2012 guidance, analysts expect the company to increase 11% year on year to $1.11 in the second quarter. Honeywell's strong performance from its aerospace segment continues to drive profits and compensate for European struggles, and Brendan expects the company to maintain that strong performance in that area. But how the company performs in its other segments, as well as how it fared in global markets, could alter the report or even offer insight into broader markets. Watch the following video to see how Brendan thinks Honeywell will fare.
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At the time this article was published Brendan Byrnes owns shares of United Technologies. The Motley Fool has no positions in the stocks mentioned above. Motley Fool newsletter services recommend 3M. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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