NEW YORK (TheStreet) -- Shares of Honeywell International (HON) - Get Report are higher by 1.05% to $97.98 on Thursday morning, as the company prepares to release its fiscal 2015 fourth quarter earnings results.
The Morris Township, NJ-based diversified technology and manufacturing company will release its latest quarterly report before the market open on Friday morning.
Analysts are expecting Honeywell to report a year over year rise in its earnings per share results, however revenue is expected to drop when compared to the same period last year.
A survey of analysts by Thomson Reuters shows that Honeywell is expected to report earnings of $1.58 per share on revenue of $9.98 billion for the most recent quarter.
Last year, the company's earnings came in at $1.43 per share on revenue of $10.26 billion for the fiscal 2014 fourth quarter.
Separately, TheStreet Ratings has set a "buy" rating and score of A- on Honeywell International stock. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that TheStreet Ratings covers.
The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and notable return on equity. TheStreet Ratings feel its strengths outweigh the fact that the company shows low profit margins.
TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
You can view the full analysis from the report here: HON