Honda (HMC) Q1 Earnings Exceed Estimates but Decline Y/Y
HMCHonda Motor(HMC) ZACKS·2024-08-08 23:45

Honda (HMC) reported earnings of 1.57pershareforfirstquarterfiscal2025,surpassingtheZacksConsensusEstimateof1.57 per share for first-quarter fiscal 2025, surpassing the Zacks Consensus Estimate of 1.19. The bottom line, however, declined from the year-ago profit of 1.60pershare.Quarterlyrevenuestotaled1.60 per share. Quarterly revenues totaled 34.7 billion, surpassing the Zacks Consensus Estimate and the year-ago period figure of 33.7billion.SegmentalHighlights Forthethreemonthperiod,whichendedonJun30,2024,revenuesfromthe Automobile segmentincreased14.833.7 billion.Segmental Highlights For the three-month period, which ended on Jun 30, 2024, revenues from the Automobile segment increased 14.8% year over year to ¥3.43 trillion (22.03 ...