Honeywell and Blackstone set for contrasting Q3 showings; earnings forecasts diverge

Pre-market consensus for October 23 places Honeywell International’s Q3 EPS at $2.56, down 0.78% YoY, continuing a mild industrial slowdown, while Blackstone Inc. is projected to post $1.22 EPS, up 20.79% YoY on record private-equity realizations. Analysts expect Honeywell’s steady backlog in aerospace and building-automation to cushion margins despite weaker orders. Blackstone’s growth is driven by alternative-asset inflows crossing $1 trillion AUM. Investors await management commentary on 2026 guidance as both companies navigate high interest rates and industrial cost pressures affecting U.S. capital-goods and investment-management sectors.