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Honda Motors Corp Earnings Preview: Weak Yen Should Offset Lower Unit Sales in North America And China
Honda Motors (NYSE:HMC) is scheduled to announce its Q4 earnings on April 24. During the Q2 earnings release, Honda reaffirmed its goal of selling 4.43 million units and generating a net income of 580 billion yen (~$5.7 billion) in fiscal 2014. B...
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Big Year Ahead For Honda As It Looks To Debut New Models
It is a big year for Honda Motors (NYSE:HMC). The automaker will introduce a number of key models in 2014 in a bid to boost its American operations. North America is indispensable to Honda’s profitability since more than 40% of the company’s sale...
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Weak Yen Lifts Honda’s Profits; Deliveries Buoy On Strong Japanese And Chinese Sales
A 10% rise in Honda Motors ‘ (NYSE:HMC) unit sales was sufficient to double the automaker’s net income to 160 billion yen ($1.6 billion), as a weak yen lifted Honda’s profits. Total revenues for the quarter jumped 25% to 3,020 b...
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Honda To Post Strong Profits On The Back Of Weak Yen
Honda Motors (NYSE:HMC) is scheduled to announce its Q3 earnings on January 31. During the previous earnings release, Honda reaffirmed its goal of selling 4.43 million units and generating a net income of 580 billion yen (~$5.7 billion) in fiscal...
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Honda To Unveil Major Models At The Upcoming Detroit Motor Show
Honda Motors (NYSE:HMC) has big plans for the U.S. in 2014. North America is Honda’s biggest market and accounts for more than 40% of the unit sales. Therefore, it isn’t surprising to see Honda focus its energy on building vehicles that appeal to...
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Honda Beginning To Get Things Right In China
Finally, things seem to be going right for Honda Motors (NYSE:HMC) in China. Its sales in October more than tripled (year-on-year) to 75,150 units. Similarly, the automaker’s sales jumped 118.1% in September. The growth rates can be a bit m...
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Honda Profits Surge On Strong American Sales and Weak Currency
Strong North American sales and a weak domestic currency lifted Honda Motors ‘ (NYSE:HMC) second quarter earnings. The company’s total revenues surged 27% to 2890.2 billion yen (~$29 billion) while the operating income climbed 70% to ...
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3 Big High-Yield Stocks With Potential To Grow Dividends
Submitted by Dividend Yield as part of our contributors program . 3 Big High-Yield Stocks With Potential To Grow Dividends High Yields with dividend payouts of less than 50 percent and room to boost future dividends originally published at l...
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Honda Debuts New Fit In Japan; Global Launch Within Twelve Months
Honda Motors (NYSE:HMC) finally launched the third generation version of the Fit subcompact in Japan. The hybrid version of the new Fit has a mileage of 85.6 mpg, making it the most fuel efficient car in Japan. Following the release in Japan, th...
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Emerging Markets Help Honda Motors Reach $42
Last month, Honda Motors (NYSE:HMC) announced its first quarter results which were generally short of the market expectations. Investors were anticipating the profits to soar on the back of a weak yen. But the results were impacted by investments...
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Expansion Costs And Weak Japanese Sales Dent Honda’s Profits
Honda Motors’ (NYSE:HMC) profits fell 7% in the first quarter as weak Japanese sales and global investments to support the expansion plans dented the automaker’s quarterly profits. Total revenues jumped 16% to JPY 2834 billion (~$29...
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Honda Motors: North America Sales And Yen Weakness Will Carry Results
Honda Motors (NYSE:HMC) is scheduled to announce its first quarter earnings on July 31. The automaker expects a profit of $580 billion yen for fiscal 2014 (April – March), which is based on an assumption of 95 yen to a dollar. There could b...
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Honda Ups Its Game In China As Japanese Autos Rebound
China is back on Honda ‘s (NYSE:HMC) radar. After eight to nine months of tepid sales in the world’s largest automotive market, things seem to be picking up for the automaker. Honda’s sales rose 4.6% in May. It wasn’t just...
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Honda Looks To ‘Amaze’ In India As Market Still Offers Huge Growth
Honda Motors (NYSE:HMC) launched its first diesel car called Amaze in India recently, and the model has generated a pretty impressive response with a waiting period extending up to 4 months. Diesel prices are subsidized in the country due to whic...
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A Weak Yen & Strong North American Performance Lift Honda’s Profits
Honda Motors (NYSE:HMC) reported strong fourth quarter and full year earnings. Total revenues for the fiscal year ended March 31 jumped 24% to 9.87 trillion yen ($100 billion) as the automaker recovered strongly from the lows seen in 2011/12 pos...
