PREVIEW: Honeywell's post spinoff earnings seen dropping 62% y/y

By Reuters News

** Shares of Honeywell International HON.O up ~0.9% on Wed ahead of qrtly results due before the opening bell Thurs

** Industrial conglomerate seen posting Q3 adj EPS of $2.17, a ~61.6% y/y decrease, on $5.01 bln in rev, down 51.9% from Q3 2025, according to LSEG data

** With Q2 results, HON missed EPS estimates for the first time since at least Q1 2021, per LSEG

** On July 23, in its first qtrly report as a standalone company following its three-way split, HON missed analyst estimates but raised its full-year profit targets due to resilient demand for its industrial and building automation products

** Of 26 analysts covering HON, 16 rate stock "buy" or "strong buy", remaining 10 recommend "hold"

** Median 12-mo PT of $262.50, down 3.5% from three months ago (LSEG)

** HON options imply a 5.0% swing for the shares, in either direction by Friday, per Trade Alert data; that is lower than the stock's avg move of 5.3% on the day of results over the last eight qtrs

** HON shares have gained 5.2% YTD compared with the Dow's .DJI 9.9% advance so far this year

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.