Honda Motor (HMC) Gains But Lags Market: What You Should Know

Honda Motor (HMC) Gains But Lags Market: What You Should Know
This story originally appeared on Zacks

In the latest trading session, Honda Motor (HMC) closed at $27.50, marking a +0.51% move from the previous day. This move lagged the S&P 500’s daily gain of 1.78%. At the same time, the Dow added 1.61%, and the tech-heavy Nasdaq gained 0.95%.

Honda Motor (HMC) Gains But Lags Market: What You Should Know – Zacks

Prior to today’s trading, shares of the automaker had lost 5.69% over the past month. This has was narrower than the Auto-Tires-Trucks sector’s loss of 15.74% and lagged the S&P 500’s loss of 2.63% in that time.

Wall Street will be looking for positivity from Honda Motor as it approaches its next earnings report date. In that report, analysts expect Honda Motor to post earnings of $0.95 per share. This would mark a year-over-year decline of 39.87%. Our most recent consensus estimate is calling for quarterly revenue of $33 billion, down…

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