Honda Motor (NYSE: HMC ) is expected to report Q2 earnings on Oct. 29. 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 grow 27.1% and EPS will expand 93.2%.
The average estimate for revenue is $31.10 billion. On the bottom line, the average EPS estimate is $0.85.
Last quarter, Honda Motor logged revenue of $30.48 billion. GAAP reported sales were 43% higher than the prior-year quarter's $21.26 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 $0.94. GAAP EPS of $0.91 for Q1 were 314% higher than the prior-year quarter's $0.22 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 26.5%, 170 basis points better than the prior-year quarter. Operating margin was 7.2%, 590 basis points better than the prior-year quarter. Net margin was 5.4%, 350 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $125.61 billion. The average EPS estimate is $3.07.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,721 members out of 1,813 rating the stock outperform, and 92 members rating it underperform. Among 448 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 431 give Honda Motor a green thumbs-up, and 17 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 $47.38.
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