ADRs of Honda advanced as the carmaker reported a big increase in U.S. sales and announced a stock split.
This Japanese automaker's earnings rebounded in a big way thanks to robust sales in the key U.S. market. Honda stock rose.

Honda posts 78% jump in Q1 operating profit

02:25am, Wednesday, 09'th Aug 2023
Japan's Honda Motor reported a 78% rise in quarterly profit on Wednesday, boosted by both increased sales, especially in the North American market, and a weaker yen.

Honda reports 78% rise in Q1 operating profit

02:15am, Wednesday, 09'th Aug 2023
Japan's Honda Motor on Wednesday posted a 78% rise in first-quarter operating profit to 394.4 billion yen ($2.76 billion), beating analysts' estimates.

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05:23pm, Monday, 07'th Aug 2023
Here are three top-rated stocks worthy of investors' consideration ahead of their quarterly reports on Wednesday, August 9.
The Zacks Consensus Estimate for Honda's (HMC) earnings per share and revenues is pegged at 99 cents and $33.57 billion, respectively, for the first quarter of 2024.
Seven top automakers announced Wednesday their intentions to build a high-powered charging network with at least 30,000 chargers across the U.S. and Canada.
Seven automakers plan to build an electric-vehicle charging network to take on Tesla. Tesla's Supercharger network is by far the largest in North America.
Seven major automakers are coming together to create a joint venture that will build out a large electric vehicle fast-charging network in the North America, in an attempt to make electric vehicles mo
The dramatic move is intended to speed the adoption of electric vehicles, allaying fears that chargers won't be available for long distance travel.
The companies will jointly spend at least $1 billion to build a North American network in an effort to persuade more people to buy battery-powered cars and trucks.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest
The U.S. auto market is expected to maintain its momentum in the second half of 2023 on the back of strong consumer demand and improved inventory levels, despite high borrowing costs.

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Demand for new SUVs, trucks and cars in the U.S. picked up steam in the second quarter, but the stronger sales kept prices high for consumers.
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