Investing.com - Honda Motor ADR reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Honda Motor ADR announced earnings per share of ¥1.18 on revenue of ¥32.9B. Analysts polled by Investing.com anticipated EPS of ¥0.5368 on revenue of ¥30.61B.
Honda Motor ADR shares are up 15% from the beginning of the year and are trading at ¥32.86 , down-from-52-week-high.They are under-performing the OMX Helsinki 25 which is up 24.1% from the start of the year.
Honda Motor ADR follows other major Consumer Discretionary sector earnings this month
Honda Motor ADR's report follows an earnings beat by Amazon.com on July 29, who reported EPS of ¥15.12 on revenue of ¥113.08B, compared to forecasts EPS of ¥12.23 on revenue of ¥115.42B.
Tesla had beat expectations on July 26 with second quarter EPS of ¥1.45 on revenue of ¥11.96B, compared to forecast for EPS of ¥0.9417 on revenue of ¥11.51B.
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