Honeywell (NYSE:HON) reported Q1 EPS of $1.04, topping estimates by $0.05.Revenues in the quarter rose 7% year-over-year to $9.31 billion, beating estimates by $150 million.The company expects annual EPS $4.35-$4.55, had seen $4.25-$4.50, vs. estimates of $4.44.Honeywell International (NYSE:HON) has potential upside of 15.8% based on a current price of $58 and an average consensus analyst price target of $67.19.