Revenue Update on Honda Motor Co Ltd (ADR)(NYSE:HMC)

Honda Motor Co Ltd (ADR)(NYSE:HMC) announced the earnings results for Fiscal Year 2017 and Q3. The results came in during Pre-Market on Feb 3, 2017. Company reported revenue of $30.055B. Analysts estimated a revenue of $112.830B. The revenues were -73.36% below the estimates. Earnings per share were $0.8.

Honda Motor Co Ltd (ADR) (HMC) made into the market gainers list on Tuesdays trading session with the shares advancing 1.65% or 0.51 points. Due to strong positive momentum, the stock ended at $31.38, which is also near the day’s high of $31.54. The stock began the session at $31.49 and the volume stood at 15,08,412 shares. The 52-week high of the shares is $31.54 and the 52 week low is $24.0349. The company has a current market capitalization of $56,556 M and it has 1,80,22,83,500 shares in outstanding.

Honda Motor Co. Ltd. (Honda) develops produces and manufactures a range of motor products ranging from small general-purpose engines and scooters to specialty sports cars. The Company has four segments: motorcycle business automobile business financial services business and power product and other businesses. Honda’s motorcycle business segment offers motorcycle line including sports (including trial and moto-cross racing) business and commuter models. Its automobile business segment offers passenger cars light trucks and mini vehicles. The Company’s financial services business segment offers retail lending leasing to customers and other financial services such as wholesale financing to dealers. Its power product and other businesses segment manufactures a power products including tillers portable generators general-purpose engines grass cutters outboard marine engines water pumps snow throwers power carriers power sprayers lawn mowers and lawn tractors.

Share this post

Leave a Reply