Honda sees full-year profit down 59 per cent
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U.S. equities were mixed at midday, with tech shares and a better-than-expected consumer inflation report lifting the S&P 500 and Nasdaq.
NET PROFIT FORECAST: Honda is expected to post a 26% drop in net profit to 175.13 billion yen, equivalent to $1.20 billion, for the three months ended March, according to a poll of analysts by LSEG. That would compare with Y237.57 billion in net profit in the year-earlier period.
Detailed price information for Nissan Motors ADR (NSANY) from The Globe and Mail including charting and trades.
On Monday, Bernstein SocGen Group initiated coverage on Honda (NYSE:HMC) Motor (7267:JP) (NYSE: HMC) with a Market Perform...
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