HON Earnings Predictions — 2026-07-23

Ticker Report or Guide KPI Prediction Answer Confidence
HON Report Adjusted EPS (Q2'26, standalone Honeywell Technologies) BEAT pred ~$1.85 vs. cons $1.80 MEDIUM
HON Report Revenue (Q2'26) IN-LINE pred ~$5.02B vs. cons $5.00B MEDIUM
HON Report Segment Profit Margin (Q2'26, company-wide automation segments) BEAT pred ~20.6% vs. cons 20.3% LOW
HON Guide H2 2026 Adjusted EPS guidance UNCHANGED guide ~$4.55 (mid of $4.40-$4.70) vs. cons ~$4.50 (H2 2026) MEDIUM
HON Guide FY2026 Adjusted EPS guidance UNCHANGED guide ~$8.10 (mid of $7.90-$8.30) vs. cons ~$8.00 (FY2026) MEDIUM
HON Guide FY2026 Free Cash Flow conversion BETTER guide ~80% vs. cons ~75% (FY2026) LOW
HON Guide Process Automation & Technology organic growth inflection (H2'26 commentary) UNCHANGED guide ~high-single-digit H2 growth vs. cons ~mid-single-digit implied (H2 2026) LOW
HON Return Day-1 residual (stock − beta × S&P 500) -0.5% LOW
HON Return 5-day cumulative residual -0.8% (STABILIZE) Guidance was already raised just two weeks before the print (July 8), so most upside is pre-baked into consensus, capping the reaction to any in-line/modest beat. The quarter is mechanically messy (spin accounting, reverse split, Quantinuum deconsolidation, pending WWS/PSS divestitures), which will keep sell-side model rebuilds active for days without a clear directional catalyst. Absent a clean confirmation or disappointment on the PA&T Middle East ramp (the single biggest swing factor), estimate revisions should be modest and two-sided, pulling any initial move back toward flat as analysts normalize for one-time items rather than extending a trend. LOW