=Honeywell (HON) reported 4Q earnings on Fri 29 Jan 2016 (before open)

** charts before earnings **



** charts after earnings **

Honeywell misses by $0.01, reports revs in-line; reaffirms FY16 EPS guidance, revs guidance :

Reports Q4 (Dec) earnings of $1.58 per share, $0.01 worse than the Capital IQ Consensus of $1.59; revenues fell 2.8% year/year to $9.98 bln vs the $9.98 bln Capital IQ Consensus.

• Co reaffirms guidance for FY16, sees EPS of $6.45-6.70 vs. $6.57 Capital IQ Consensus Estimate; sees FY16 revs of $39.9-40.9 bln vs. $40.52 bln Capital IQ Consensus Estimate.
• "We are planning conservatively in 2016 as we are expecting another year of slow global economic growth...We expect continued margin expansion and earnings outperformance in 2016 and over the long term, supported by our balanced portfolio, HOS Gold breakthrough goals, further penetration of High Growth Regions, and funded restructuring projects."

Q: What's a better buy - HON or MS ?

10/10/13 (Thur), 8 days before earnings on Fri 10/18
HON : $84
MS : $27.50

 

** daily **

 

** weekly **

 

** heikin **

5 years

MS Wed-Thur, just before earnings release

Morgan Stanley turns in third-quarter earnings Friday. Given how bank earnings have fared so far this season, analysts will be looking for a few key data points: How bad was fixed-income trading? How much is the bank paying its investment bankers?

Fixed-income trading took a nose dive at other banks as clients pulled out of those markets, surprised by the Federal Reserve’s decision to keep QE in place and unnerved by the budget standoff in Washington. Both J.P. Morgan Chase & Co.  JPM -0.34% and Goldman Sachs Group Inc. GS +0.06%  cut a key measure of how they pay their  investment bankers.  Questions about fixed income trading and banker pay dominated Goldman Sachs’ analyst call on Thursday.

Analysts will also be interested in anything the bank might say about its physical commodities business. Regulators have been considering how to curb banks that own oil pipelines, metals warehouses and other physical commodities.

Morgan Stanley will be the last of the six mega-banks to report third-quarter earnings, bringing an end to a season that is perhaps best described as plodding. Most banks saw higher profits, but they were driven not by growth but by cutting costs.

** Friday 10/18/13 after earnings **

MS much better performer this week: MS gained almost 8% while HON hasn't done much.