Equity Profile

HON

Honeywell International Inc.

IndustrialsIndustrial Conglomerates$70.4B

Jul23Thu

Pre-Earnings Brief

UpcomingQ2-2026Pre-Market9:00 AM EDT

Company Snapshot

Honeywell International Inc. (HON) is a diversified technology and manufacturing company that operates in various sectors, including aerospace, building technologies, and performance materials....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a crucial indicator of profitability and will show how well Honeywell managed costs and sales in the last quarter.

N/A

Revenue Growth

Revenue growth will indicate demand for Honeywell's products and services, reflecting overall business health.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

HON Q2-2026 Earnings Preview

Context

Company Snapshot

Honeywell International Inc. (HON) is a diversified technology and manufacturing company that operates in various sectors, including aerospace, building technologies, and performance materials. With a market cap of $70 billion, Honeywell plays a significant role in industrial automation and smart building solutions, which are increasingly important as industries focus on efficiency and sustainability.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

100%

Avg EPS Surprise

+6.26%

Avg Stock Reaction

-0.95%

Last Quarter Recap

In Q1-2026, Honeywell reported an EPS of $2.45, exceeding expectations by 6.11%. However, the stock fell 2.56% the following day, indicating potential market skepticism despite the earnings beat.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall, expectations are mixed as Honeywell has consistently beaten EPS estimates, but the stock reaction has been volatile. Investors are looking for strong revenue growth to support the positive EPS surprises.

Bull Case

If Honeywell continues its trend of beating EPS estimates and shows robust revenue growth, it could signal strong operational performance and market confidence, potentially driving the stock higher.

Bear Case

Conversely, if the company fails to meet revenue expectations or shows signs of margin pressure, it could lead to a negative reaction from investors, especially given the recent stock performance.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the revenue growth rate be for this quarter?

Revenue growth is critical as it reflects demand for Honeywell's products and services, which will be closely watched by investors.

How is Honeywell managing its operating margins in the current economic environment?

Operating margins will indicate how well the company is controlling costs and maintaining profitability amid potential economic challenges.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating Honeywell's ability to drive revenue growth due to its diversified portfolio and focus on high-demand sectors like aerospace and building technologies.

Supporting Evidence

Honeywell has consistently beaten EPS estimates, indicating strong operational execution.

The options market is pricing a significant move, suggesting traders expect volatility that may not align with consensus expectations.

Key Risk

If revenue growth exceeds 10%, it could challenge the current cautious sentiment and drive the stock higher.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will hinge on Honeywell's ability to sustain revenue growth and manage margins effectively in a challenging economic landscape.

Bull Confirmed If

Revenue growth of 10% or better would confirm the bull case, indicating strong demand and operational efficiency.

Bear Confirmed If

A revenue decline or flat growth would confirm the bear case, suggesting potential issues in demand or cost management.

Pre-Earnings Positioning

Options Market

Implied Move

±7.90%

Historical Avg

±5.2%

Pricing rich

The options market is pricing in a significant move of nearly 8%, indicating that traders expect volatility around the earnings announcement.

Options are pricing ±7.9% while HON has averaged ±5.2% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.3%

30d HV

26.9%

Calls (440K)P/C Ratio: 0.17Puts (310K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Industrials

n=30

Fade rate: 6 of 24 (25%)

This setup has occurred 30 times across Industrials in the last 2 years. 18 of 24 (75%) held or extended their move within 5 days — this setup typically holds direction. The average absolute 1-day move is 4.7%, with a raw directional average of +1.7% (modestly positive historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Honeywell beats expectations and raises guidance, history suggests the stock could see an average one-day move of +6.81%, confirming strong operational performance.

In-Line / Cautious

An in-line report with cautious management commentary could lead to a muted reaction, as investors assess the implications for future growth.

Miss

If the company misses expectations, history suggests a potential average one-day decline of -0.95%, indicating market disappointment.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

1 buy·0 sells

Members

House only

Est. Notional

$15,001.00–$50,000.00

disclosed dollar ranges

Most Active Members

R-FLMaria Elvira SalazarRep.
1

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on revenue growth in aerospace and building technologies.
2Details on cost management strategies and their impact on operating margins.
3Insights into demand trends for Honeywell's products and services.
4Management's outlook on future growth opportunities and market conditions.
5Comments on competitive positioning within the industrial sector.

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AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

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Company Snapshot

Honeywell International Inc. (HON) is a diversified technology and manufacturing company that operates in various sectors, including aerospace, building technologies, and performance materials....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a crucial indicator of profitability and will show how well Honeywell managed costs and sales in the last quarter.

N/A

Revenue Growth

Revenue growth will indicate demand for Honeywell's products and services, reflecting overall business health.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

HON Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

100%

Avg EPS Surprise

+6.26%

Avg Stock Reaction

-0.95%

Last Quarter Recap

In Q1-2026, Honeywell reported an EPS of $2.45, exceeding expectations by 6.11%. However, the stock fell 2.56% the following day, indicating potential market skepticism despite the earnings beat.

Management Promises & Guidance

Expectations

Wall Street Expectations

Bull Case

If Honeywell continues its trend of beating EPS estimates and shows robust revenue growth, it could signal strong operational performance and market confidence, potentially driving the stock higher.

Bear Case

Conversely, if the company fails to meet revenue expectations or shows signs of margin pressure, it could lead to a negative reaction from investors, especially given the recent stock performance.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the revenue growth rate be for this quarter?

Revenue growth is critical as it reflects demand for Honeywell's products and services, which will be closely watched by investors.

How is Honeywell managing its operating margins in the current economic environment?

Operating margins will indicate how well the company is controlling costs and maintaining profitability amid potential economic challenges.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating Honeywell's ability to drive revenue growth due to its diversified portfolio and focus on high-demand sectors like aerospace and building technologies.

Supporting Evidence

Honeywell has consistently beaten EPS estimates, indicating strong operational execution.

The options market is pricing a significant move, suggesting traders expect volatility that may not align with consensus expectations.

Key Risk

If revenue growth exceeds 10%, it could challenge the current cautious sentiment and drive the stock higher.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will hinge on Honeywell's ability to sustain revenue growth and manage margins effectively in a challenging economic landscape.

Bull Confirmed If

Revenue growth of 10% or better would confirm the bull case, indicating strong demand and operational efficiency.

Bear Confirmed If

A revenue decline or flat growth would confirm the bear case, suggesting potential issues in demand or cost management.

Pre-Earnings Positioning

Options Market

Implied Move

±7.90%

Historical Avg

±5.2%

Pricing rich

The options market is pricing in a significant move of nearly 8%, indicating that traders expect volatility around the earnings announcement.

Options are pricing ±7.9% while HON has averaged ±5.2% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.3%

30d HV

26.9%

Calls (440K)P/C Ratio: 0.17Puts (310K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Industrials

n=30

Fade rate: 6 of 24 (25%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Honeywell beats expectations and raises guidance, history suggests the stock could see an average one-day move of +6.81%, confirming strong operational performance.

In-Line / Cautious

An in-line report with cautious management commentary could lead to a muted reaction, as investors assess the implications for future growth.

Miss

If the company misses expectations, history suggests a potential average one-day decline of -0.95%, indicating market disappointment.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

1 buy·0 sells

Members

House only

Est. Notional

$15,001.00–$50,000.00

disclosed dollar ranges

Most Active Members

R-FLMaria Elvira SalazarRep.
1

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on revenue growth in aerospace and building technologies.
2Details on cost management strategies and their impact on operating margins.
3Insights into demand trends for Honeywell's products and services.
4Management's outlook on future growth opportunities and market conditions.
5Comments on competitive positioning within the industrial sector.