Your email has been successfully added to our mailing list.

×
-0.000385282219225643 0.000577923328838396 0.00115584665767679 0.00115584665767679 0.00173376998651505 0.00269697553457909 0.00211905220574069 0.000963205548063902
Stock impact report

Honda resets EV ambitions, Macquarie says company ‘faces a reality check' [Yahoo! Finance]

Honda Motor Company, Ltd. (HMC) 
Last honda motor company, ltd. earnings: 2/7 03:16 am Check Earnings Report
US:NYSE Investor Relations: world.honda.com/investors
Company Research Source: Yahoo! Finance
Analyst James Hong said Honda's revised guidance reflects an acknowledgment that its “prior EV-led investment plan is no longer supported by market realities.” According to Macquarie, Honda now expects an operating loss of JPY270–570 billion for FY3/26, a reversal from the JPY550 billion profit previously forecast. That implies a deterioration of JPY820 billion to JPY1.12 trillion. Net income guidance was also cut to a JPY420–690 billion loss from an expected JPY300 billion profit, driven largely by the cancellation of its U.S. EV programs, including the Honda 0 Series and Acura RSX. Hong noted that these moves are generating “JPY820bn–1.12tn of additional operating expenses,” plus “JPY110–150bn of equity-method losses” tied to write-downs, impairments and program cancellations. Macquarie estimates that roughly JPY1.3 trillion of the total JPY2.5 trillion hit will be booked this fiscal year, with the remaining JPY1.2 trillion absorbed in FY3/27. Despite the upheaval, Honda wi Show less Read more
Impact Snapshot
Event Time:
HMC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for HMC alerts
Opt-in for
HMC alerts

from News Quantified
Opt-in for
HMC alerts

from News Quantified