Investing.com - Honda Motor ADR reported on Tuesday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Honda Motor ADR announced earnings per share of ¥0.28 on revenue of ¥31.8B. Analysts polled by Investing.com anticipated EPS of ¥0.35 on revenue of ¥31.33B. That with comparison to EPS of ¥-0.07 on revenue of ¥36.96B in the same period a year before.Honda Motor ADR had reported EPS of ¥0.61 on revenue of ¥34.15B in the previous quarter.Analysts are expecting EPS of ¥-0.1 and revenue of ¥26.17B in the upcoming quarter.
Honda Motor ADR shares are down 15% from the beginning of the year and are trading at ¥23.98 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% year to date.
Honda Motor ADR follows other major Consumer Cyclical sector earnings this month
Honda Motor ADR's report follows an earnings missed by Toyota Motor ADR on Tuesday, who reported EPS of ¥-0.01 on revenue of ¥66.04B, compared to forecasts EPS of ¥0.75 on revenue of ¥64.05B.
Tesla had beat expectations on April 29 with first quarter EPS of ¥1.24 on revenue of ¥5.99B, compared to forecast for EPS of ¥-0.28 on revenue of ¥6.11B.
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