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Honda Motor Fiscal H1 Earnings Fall, Revenue Rises; Fiscal 2025 Revenue Forecast Lifted
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Honda Motor Fiscal H1 Earnings Fall, Revenue Rises; Fiscal 2025 Revenue Forecast Lifted
Nov 6, 2024 5:17 AM

07:19 AM EST, 11/06/2024 (MT Newswires) -- Honda Motor ( HMC ) reported fiscal H1 earnings Wednesday of 103.25 Japanese yen ($0.67) per diluted share, down from 124.63 yen a year earlier.

A single analyst polled by Capital IQ expected 149.80 yen.

Sales revenue for the six months ended Sept. 30 was 10.798 trillion yen, up from 9.609 trillion yen a year earlier.

Three analysts surveyed by Capital IQ expected 10.747 trillion yen.

For the full-year fiscal 2025, the Japanese automotive giant said it now expects sales revenue of 21.000 trillion yen, up from its previous forecast of 20.300 trillion yen. Analysts polled by Capital IQ expect 21.249 trillion yen.

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