Industry Headwinds Would Have Weighed On Honeywell's Q2 Results

Honeywell (NYSE: HON) is a multinational conglomerate that produces commercial and consumer products, engineering services, and aerospace systems. The company is slated to report earnings on Thursday, July 18. Per Trefis, Honeywell’s shares have a fair value of $160, which is roughly 10% below the current market level. We capture trends in Honeywell’s Earnings over recent quarters in our interactive dashboard along with our forecast for full-year 2019. You can modify Trefis forecasts to see the impact of changes on the company’s valuation. Additionally, you can see more Trefis data for Industrials here.

Aerospace Division: Honeywell Aerospace provides integrated aerospace solutions like avionics, engines, and service solutions to aircraft manufacturers, airlines, military and space companies, and airports. The division accounts for 36% of the company’s revenue and is expected to produce high single-digit growth for the quarter.

Home Building Technologies: This division is responsible for providing a range of home-building solutions, which includes energy efficiency solutions, safety solutions and maintenance solutions for home-builders and energy-related companies. The division accounts for 22% of the company’s revenue. With new home starts and sales trending lower in Q2 2019, we expect revenues for this division to trend lower for the quarter.

Safety and Productivity Solutions: Honeywell’s safety products provide a range of solutions for home and industrial safety. It accounts for 10% of revenue. The division is expected to see a sizable increase in revenues for the quarter.

Performance Material and Technologies: This business division offers a range of products and solutions including film and additive products, specialty chemicals, electronics materials, and renewable transport fuels. It accounts for 32% of the company’s revenue. We expect significant growth for the quarter from this division.

What to expect from Honeywell’s second-quarter results:

Our Expectation’s Going Forward For Honeywell:

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Source: Forbes.com

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