Honda Motor (NYSE: HMC ) is expected to report Q3 earnings on Jan. 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 11.9% and EPS will increase 82.9%.
The average estimate for revenue is $28.24 billion. On the bottom line, the average EPS estimate is $0.64.
Last quarter, Honda Motor logged revenue of $29.16 billion. GAAP reported sales were 19% higher than the prior-year quarter's $24.46 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 $0.57. GAAP EPS of $0.59 for Q2 were 37% higher than the prior-year quarter's $0.43 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 25.0%, 50 basis points worse than the prior-year quarter. Operating margin was 4.2%, 140 basis points better than the prior-year quarter. Net margin was 3.6%, 40 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $107.97 billion. The average EPS estimate is $2.72.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,721 members out of 1,814 rating the stock outperform, and 93 members rating it underperform. Among 497 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 480 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 $46.01.
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