Honda Motor (NYSE: HMC ) is expected to report Q1 earnings on July 31. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Honda Motor's revenues will increase 52.2% and EPS will improve 404.3%.
The average estimate for revenue is $32.36 billion. On the bottom line, the average EPS estimate is $1.16.
Last quarter, Honda Motor chalked up revenue of $29.18 billion. GAAP reported sales were 9.3% higher than the prior-year quarter's $26.71 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.49. GAAP EPS of $0.48 for Q4 were 60% higher than the prior-year quarter's $0.30 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 26.1%, 20 basis points worse than the prior-year quarter. Operating margin was 4.5%, 30 basis points better than the prior-year quarter. Net margin was 3.0%, 100 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $128.81 billion. The average EPS estimate is $3.59.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,718 members out of 1,812 rating the stock outperform, and 94 members rating it underperform. Among 444 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 426 give Honda Motor a green thumbs-up, and 18 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Honda Motor is outperform, with an average price target of $46.36.
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