Honda revenue up 12.9%, but adjusted EPS falls short of analyst expectations

what happened

Japanese carmaker Honda reported results for the quarter ended September 30. According to Earnings Summary, which cites LSEG data, adjusted earnings came in at 16.91 yen per share, down from 28.99 yen a year earlier. The mean forecast of four analysts was 42.03 yen, with a range of 5.66 to 54.70 yen.

Revenue climbed 12.9% to 5.98 trillion yen, ahead of the 5.82 trillion yen analysts had expected. Quarterly net income was 65.85 billion yen. Over the past three months, the average analyst earnings estimate rose by about 70.4%, and no estimates were cut in the last 30 days.

The shares gained 12.0% this quarter and 22.6% so far this year. The average analyst rating is buy, with 9 strong buy or buy ratings, 10 holds and no sells. The median 12-month price target is 1,800 yen, about 2.9% below the last close of 1,853 yen.

why it matters

The main signal is mixed: revenue beat expectations while earnings per share missed them, pointing to pressure on costs or margins. For investors, the report offers a read on Japan's auto sector, where large exporters' results are often sensitive to the yen.

market impact

Honda shares: revenue beat but EPS miss makes the signal mixed

• ↔Honda shares mixed — revenue beat expectations while adjusted EPS missed them

tags

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