Investing.com - Honda Motor ADR reported on Friday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Honda Motor ADR announced earnings per share of ¥0.8497 on revenue of ¥29.96B. Analysts polled by Investing.com anticipated EPS of ¥0.5611 on revenue of ¥31.73B.
Honda Motor ADR shares are up 8.81% from the beginning of the year and are trading at ¥30.74 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Honda Motor ADR follows other major Consumer Cyclical sector earnings this month
Honda Motor ADR's report follows an earnings beat by Tesla on October 20, who reported EPS of ¥1.86 on revenue of ¥13.76B, compared to forecasts EPS of ¥1.62 on revenue of ¥14B.
Toyota Motor ADR had beat expectations on Thursday with second quarter EPS of ¥3.96 on revenue of ¥66.4B, compared to forecast for EPS of ¥2.62 on revenue of ¥63.87B.
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