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Sohini Mondal

Honeywell's Quarterly Earnings Preview: What You Need to Know

Honeywell HON

With a market cap of $134.8 billion, Honeywell International Inc. (HON) is a global technology and manufacturing leader, operating across aerospace, building technologies, performance materials, and safety solutions. It serves various industries with advanced products and services, including aerospace systems, industrial automation, and energy management. The Charlotte, North Carolina-based company is expected to announce its fiscal Q3 earnings results before the market opens on Thursday, Oct. 24.

Ahead of the upcoming event, analysts forecast the industrial conglomerate  to report a profit of $2.52 per share, up 11% from $2.27 per share in the previous year's quarter. The company has surpassed Wall Street's bottom-line estimates in the past four quarters. In the most recent quarter, the company exceeded the consensus estimate by a margin of 2.9%.

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