Honeywell's Strong Guidance; GM Panic; UPS Job Cuts

On this episode of Stock Movers:
- Honeywell (HON) is up after issuing a beat on estimates and raising full-year guidance. Honeywell expressed caution going forward, slightly lowering the top end of its sales and profit-margin forecasts due to tariffs and an uncertain global demand environment for the remainder of this year.
- General Motors (GM) shares are lower after withdrawing its earnings guidance for 2025 and putting $4 billion in share buybacks on hold due to uncertainty around US tariffs. Because the original guidance didn’t include impact from tariffs, prior guidance can’t be relied upon,” Paul Jacobson, the company’s chief financial officer, said on a call with reporters. “We will update when we have more information on tariffs.”
- UPS (UPS) shares are on the rise after announcing job cuts and earnings. UPS expects to cut 20,000 jobs this year and close facilities due to lower volumes from Amazon. It reported adjusted earnings of $1.49 a share for the first quarter, topping analyst estimates, but backed away from its 2025 financial guidance due to macroeconomic uncertainty.
- Royal Caribbean (RCL) shares are higher after the cruise operator boosted its adjusted earnings per share forecast for the full year. CEO Jason Liberty says “Bookings for 2025 have remained on track, cancellation levels are normal, and we continue to see excellent close-in demand”

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Episode Transcript

Speaker 1 (00:02):
Bloomberg Audio Studios, podcasts, radio news, The.

Speaker 2 (00:08):
Stock Movers podcast, your roundup of companies making moves in
the stock market, harnessing the power of Bloomberg data.

Speaker 1 (00:17):
Let's look at some stocks on the move today. We
are joined by Bloomberg's Critty Gupta on a very busy
morning already for corporate earnings. We've heard from a number
of big names in the early morning hours. Critty, and
the big question for investors is are any of these
companies going to give guidance given the trade uncertainty? What
are we hearing this morning? Good morning, Good morning, Nathan.

Speaker 3 (00:39):
We're seeing a tale of two tariffs. And let me
explain because two very important companies, Honeywell and General Motors,
both talking about tariffs, both being interpreted in different ways.
They'll start off with Honeywell, which is the mover of
the morning. Ho n is your taker treading about two
hundred and twelve dollars share surging a whopping almost six percent, Nathan.
And it's because they not only issued a beat on

(01:03):
some of their Wall Street estimates when it comes to
earnings as well, they said that they're including some of
their guidance in terms of the tear four and saying
that the volatility did not weigh on its strong first quarter,
so they incorporated the earning story and they're not seeing
much of a dent. Let me just walk you through
some of these numbers to show you what I mean here,
simply because they are now talking about with some of

(01:23):
the tariff impact included, sales expected to top out at
forty point five billion. The previous estimate was forty point
six billions. So the street looking at that and saying,
this is including the tariff impact that they've modeled out,
and that impact isn't as massive. So that's positive news
for Honeywell Bears. Hon is your ticker shares hire by
now about five percent, but still wopping a move higher

(01:47):
by I started trading it about two hundred and eleven
dollars a share. But Nathan, I promised you a tale
of two tariffs. Let me show you the other side
of how this all plays out. General Motors a great
example this morning, GM is your ticker trading just shy
of forty six dollars a share, down about three percent
their morning. This morning, they are talking about those Trump
tariffs having a massive impact, to the point that they

(02:07):
have no visibility. They are freezing their share buyback and
they are suspending their guidance. Nathan, if you're looking for
panic in a stock, this is what that looks like.
Shares are down about three percent. And again, this is
a complete different take when it comes to the Likes,
of comparing the Likes to Honeywell, for example, when you
look at their earnings, though it looks like they did
beat the Wall Street consensus, but the street looking through

(02:29):
those numbers and saying, look, it's all about the terraffs.
It's all about the forward looking guidance and right now
GM just not providing any of those shares dropping by
about three percent and change. I's talk about Royal Caribbean here, Nathan.
Rcl is your ticker hire by three point three percent,
one of your biggest high volume movers to the upside,
trading at two hundred and twenty three dollars a share.

(02:49):
Looks like their earnings beat, they have their full year
outlook rais. They're also saying near term bookings are a
big positive for the cruise line as well. We should
also take a ups I'm giving you just a laundry
to positivity this morning. We should should take the good
news when we get it. UPS is the other ticker.
I've got my eye on Hire by about two and
a half percent trading j Shi, I have one hundred
bucks a share. They're cutting twenty thousand jobs after Amazon

(03:12):
pulled back. Remember UPS competes with FedEx USPS volume goes
through FedEx Amazon volume tests to go through UPS. But
after that contract, UPS really going big on cutting costs,
improving profitability. And it looks like the street is really
a fan of this twenty thousand job cut number. So
those shares hire by over two percent this morning. I'll
ended up Nathan with Coca Cola because nose numbers are

(03:34):
crossing the wire. Hire by seven tens of one percent.
Is still fluctuating as I speak. KO is your ticker
there some mixed results. Looks like they're comp sales or
the compps excuse me, is coming in in line with estimates,
but their unit case volume is positive. The market still
deciding how they feel about it.

Speaker 2 (03:51):
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