The 10-second takeaway
For the quarter ended March 31 (Q4), Honda Motor missed estimates on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue increased and GAAP earnings per share increased significantly.
Gross margins dropped, operating margins improved, net margins increased.
Honda Motor logged revenue of $29.18 billion. The nine analysts polled by S&P Capital IQ expected to see revenue of $30.01 billion on the same basis. 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.
EPS came in at $0.48. The two earnings estimates compiled by S&P Capital IQ averaged $0.54 per share. 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 quarter, gross margin was 26.1%, 20 basis points worse than the prior-year quarter. Operating margin was 4.7%, 50 basis points better than the prior-year quarter. Net margin was 3.0%, 100 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $36.04 billion. On the bottom line, the average EPS estimate is $0.92.
Next year's average estimate for revenue is $123.14 billion. The average EPS estimate is $3.42.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,717 members out of 1,814 rating the stock outperform, and 98 members rating it underperform. Among 489 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 474 give Honda Motor a green thumbs-up, and 15 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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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.