Zacks Honeywell Consensus Estimate is expected to post quarterly earnings of $1.80 per share in its upcoming April 23 report, which represents a year–over–year change of –18.6%. Revenues are expected to be $8.13 billion, down 3.9% from the year–ago quarter.
The Zacks Consensus Estimate for the Aerospace segment’s revenues is currently pegged at $2,747 million, indicating a decline of 7.8% on a sequential basis.
The Zacks consensus estimate for Performance Materials and Technology’s first–quarter revenues is pegged at $2,311 million, suggesting 9.6% decline from the fourth quarter’s reported figure.
The Zacks Consensus Building Technologies stands at $1,328 million, implying fall of 6.9%. The consensus mark for the Safety and Productivity Solutions segment’s revenues stands at $1,758 million, implying a 9.4% sequential decrease.
Notably, the company also expects to have incurred repositioning and other charges of $100–$140 million in the first quarter for executing restructuring programs. This is likely to have adversely impacted earnings in the to–be–reported quarter as well. Let the beatings begin as the worst of the worst LOB managers heads roll and they scramble to find new jobs!