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Mazda Motor: Q4 May Reflect Earthquake Issues, But Also Benefits Of A Still-Cheap Yen [Seeking Alpha]

MAZDA MOTOR CORP UNSP/ADR (MZDAY) 
NASDAQ:AMEX Investor Relations: mazda.com/en/investors
Company Research Source: Seeking Alpha
While China sales have begun a rebound, Australia is showing signs of peaking, and there may be potential challenges eventually in other markets as well on macro worries. The Yen continued to weaken since the Q3 earnings, which will be good for the FY and Q4 results, but there are also potential earthquake procurement inflation effects. We think an earnings beat is possible, which may be a reason to pick Mazda up, but the languishing price despite the trailing valuation may mean things are baked in. Mazda Motor ( OTCPK:MZDAF OTCPK:MZDAY ) earnings are coming on the 10th of May. With a look at the Q1 now, let's try to set the stage for what we might see next quarter. To start, the Yen continues Recommended For You Recommended For You Show less Read more
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