HMC - Honda to Report Q4 Earnings: Here's What to Expect | Benzinga
Honda Motor Co., Ltd. (NYSE: HMC) is slated to release fourth-quarter fiscal 2024 results on May 10. The Zacks Consensus Estimate for the to-be-reported quarter's earnings and revenues is pegged at 44 cents per share and $37.96 billion, respectively.
For the fiscal fourth quarter, the consensus estimate for HMC's earnings per share has moved down by 13 cents in the past 90 days. Its bottom-line estimates imply a decline of 13.73% from the year-ago reported number.
The Zacks Consensus Estimate for revenues suggests a year-over-year rise of 14.50%.
HMC surpassed the Zacks Consensus Estimate in three of the trailing four quarters and missed once, the average surprise being 31.25%. This is depicted in the graph below:
Honda Motor Co., Ltd. Price and EPS Surprise
Honda Motor Co., Ltd. price-eps-surprise | Honda Motor Co., Ltd. Quote
Q3 Highlights
In third-quarter fiscal 2024, Honda posted adjusted earnings of $1.06 per share, surpassing the Zacks Consensus Estimate of 85 cents. This company reported adjusted earnings of $1.02 per share in the year-ago quarter. Honda posted revenues of $36.5 billion, missing the Zacks Consensus Estimate of $37.7 billion but rising from $31.5 billion in the year-ago quarter.
Things to Note
In the United States, Honda sold 333,824 units in the fourth quarter ...