Here's the Reason Honeywell International Inc. (HON) Declined More Sharply Than the Overall Market

Honeywell International Inc. (HON) experienced a 2.52% decline, underperforming the broader market despite a stronger monthly performance compared to its sector. Analysts are closely watching its upcoming earnings report, with expectations of decreased EPS and revenue year-over-year. The company currently holds a Zacks Rank #3 (Hold) and is trading at a higher Forward P/E and PEG ratio than its industry average.