Honeywell Aerospace: Supply Constraints Are Keeping Me At Bay (Q3 Preview)

What happened: Honeywell Aerospace Inc. faces ongoing supply chain constraints that are limiting revenue growth and margin expansion after its spinoff, and Q3 results are expected to show muted growth. Key numbers: Analysts project $1.87 adjusted EPS and $4.58B revenue for Q3, Why it matters: Sentiment remains cautious, and the analyst says management commentary on supply chain stabilization, backlog conversion, and guidance will matter more than headline Q3 numbers. The analyst remains on the sidelines until sustained earnings improvement and better supply chain execution are demonstrated.

Honeywell Aerospace Inc. faces ongoing supply chain constraints that are limiting revenue growth and margin expansion after its spinoff, and Q3 results are expected to show muted growth.

Sentiment remains cautious, and the analyst says management commentary on supply chain stabilization, backlog conversion, and guidance will matter more than headline Q3 numbers. The analyst remains on the sidelines until sustained earnings improvement and better supply chain execution are demonstrated.