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Experts on Wall Street change their predictions for Honeywell before the company shares its Q3 earnings.

OpinionRead the original at Benzinga
Neutral

Honeywell is expected to report lower third-quarter profit per share and sales than a year ago, but its prior-quarter sales beat and raised full-year forecast point the other way. Analyst views also differ, so this story does not show a clear change in its outlook.

HON · Honeywell International Inc.

AI read · Neutral

The AI's read

These estimates point to a weaker quarter than last year. The article gives no reason for the expected drop, and it also notes Honeywell beat sales expectations in the prior quarter and raised its full-year profit forecast. Analyst views are mixed: several kept positive ratings after cutting targets, while another raised a target. Taken together, the story does not show a clear change in Honeywell's outlook.

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