Honeywell International (HON) Announces Quarterly Results

Honeywell International (HON) posted its quarterly earnings results on Friday. The company reported $1.04 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.99 by $0.05. The company’s quarterly revenue was up 7.3% on a year-over-year basis.

Several analysts have also recently commented on the stock. Analysts at Nomura reiterated a “buy” rating on shares of Honeywell International in a research note to investors on Thursday, May 17th. On the ratings front, analysts at Zacks reiterated an “outperform” rating on shares of Honeywell International in a research note to investors on Monday, April 30th. They now have a $73.00 price target on the stock. Finally, analysts at Oppenheimer raised their price target on shares of Honeywell International to $68.00 in a research note to investors on Monday, April 23rd. They now have an “outperform” rating on the stock.

Shares of Honeywell International (HON) traded up 1.12% during mid-day trading on Friday, hitting $55.99. Honeywell International (HON) has a 52 week low of $41.22 and a 52 week high of $62.00. The company has a market cap of $43.626 billion and a P/E ratio of 20.00.

Honeywell International Inc. (Honeywell) is a diversified technology and manufacturing company, serving customers worldwide with aerospace products and services, control, sensing and security technologies for buildings, homes and industry, turbochargers, automotive products, specialty chemicals, electronic and advanced materials, process technology for refining and petrochemicals, and energy efficient products and solutions for homes, business and transportation.

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Posted by Web Inquirer Staff on 10 Jun 2012. Filed under Markets. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.