Honda Motor Co HMC posted a rise in its earnings in the October-December quarter, but lowered its outlook for the full year.
Honda's quarterly net profit surged to Y77.4 billion, from Y47.66 billion, in the year-ago period. However, analysts were expecting a profit of Y104.95 billion.
For the fiscal year through March, the company lowered its profit forecast to Y370 billion.
Honda shares fell 0.26% to $38.00 in after-hours trading.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in