Equity Profile

HMC

Honda Motor Co., Ltd.

Consumer DiscretionaryAutomobile Manufacturers$40.5B

Aug6Thu

Pre-Earnings Brief

UpcomingQ4-2023Pre-Market9:00 AM EDT

Company Snapshot

Honda Motor Co., Ltd. (HMC) is a leading automobile manufacturer known for its innovative vehicles and motorcycles....

Key Metrics to Watch

EPS (Earnings Per Share)

EPS is a crucial indicator of Honda's profitability and financial health, which investors will closely monitor this quarter.

N/A

Revenue Growth

Revenue growth reflects the company's ability to increase sales and market share, essential for maintaining investor confidence.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

HMC Q4-2023 Earnings Preview

Context

Company Snapshot

Honda Motor Co., Ltd. (HMC) is a leading automobile manufacturer known for its innovative vehicles and motorcycles. As a key player in the consumer discretionary sector, Honda's performance is closely tied to consumer spending trends and the overall health of the automotive industry.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

88%

Avg EPS Surprise

+61.25%

Avg Stock Reaction

+0.70%

Last Quarter Recap

In Q3 2023, Honda reported an EPS of $1.10, exceeding expectations by 15.7%. The stock reacted positively, gaining 2.4% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Investors are cautiously optimistic ahead of Honda's earnings report, given the company's recent positive EPS surprise. However, concerns about revenue growth and market conditions remain.

Bull Case

If Honda continues to outperform EPS expectations and shows strong vehicle sales, it could lead to a significant stock price increase.

Bear Case

Conversely, if Honda fails to meet expectations or reports weak sales figures, the stock could face downward pressure.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will Honda report for vehicle sales volume this quarter?

Sales volume is critical for assessing demand and can significantly influence earnings and investor sentiment.

How does Honda plan to address supply chain challenges moving forward?

Supply chain issues have impacted many automakers, and Honda's response will be crucial for future performance.

Edge

What the Street Is Missing

Why consensus could be wrong

The consensus may underestimate Honda's ability to adapt to changing market conditions and capitalize on emerging trends in electric vehicles.

Supporting Evidence

Honda's recent investments in electric vehicle technology could position it favorably against competitors.

The company's strong brand loyalty may help sustain sales even in a challenging market.

Options pricing suggests a larger move than historical averages, indicating potential for a surprise.

Key Risk

If vehicle sales exceed expectations, it could challenge the current bearish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating Honda's ability to sustain growth amid supply chain challenges and changing consumer preferences.

Bull Confirmed If

A vehicle sales volume increase of 10% or more would confirm the bull case.

Bear Confirmed If

A decline in vehicle sales volume below last year's figures would confirm the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±16.11%

Historical Avg

±3.2%

Pricing rich

The options market is pricing in a significant potential move, indicating heightened uncertainty or anticipation around the earnings report.

Options are pricing ±16.1% while HMC has averaged ±3.2% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.4%

30d HV

29.2%

Calls (30K)P/C Ratio: 0.80Puts (6K)

Edge

Institutional Ownership

Smart-money positioning from the most recent 13F filings.

Top holders trimming

Institutional

4.24%

of float

Insider

0.00%

of float

Holders

439

institutions

Top Holders· as of Dec 2025

Fisher Asset Management, LLC
10,532,249 sh · $256.4M
0.70%
-0.4%

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Honda beats expectations, history suggests a potential stock increase of around 1.6%, confirming positive market sentiment.

In-Line / Cautious

If results are in line but management expresses caution, the stock may remain flat or see a slight decline.

Miss

A miss could lead to a drop of about 5.6%, reflecting investor disappointment and concerns about future performance.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on electric vehicle sales and strategy.
2Any commentary on supply chain improvements.
3Insights into consumer demand trends for Honda vehicles.
4Management's outlook on global market conditions.
5Details on cost management and pricing strategies.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

No charge today · Auto-bills $8/mo after 7 days · Cancel anytime

More Earnings This Week

5 Reports

Aug3

ONBMO

ON Semiconductor Corporation

PreviewView

Aug3

LBMO

Company Snapshot

Honda Motor Co., Ltd. (HMC) is a leading automobile manufacturer known for its innovative vehicles and motorcycles....

Key Metrics to Watch

EPS (Earnings Per Share)

EPS is a crucial indicator of Honda's profitability and financial health, which investors will closely monitor this quarter.

N/A

Revenue Growth

Revenue growth reflects the company's ability to increase sales and market share, essential for maintaining investor confidence.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

HMC Q4-2023 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

88%

Avg EPS Surprise

+61.25%

Avg Stock Reaction

+0.70%

Last Quarter Recap

In Q3 2023, Honda reported an EPS of $1.10, exceeding expectations by 15.7%. The stock reacted positively, gaining 2.4% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Investors are cautiously optimistic ahead of Honda's earnings report, given the company's recent positive EPS surprise. However, concerns about revenue growth and market conditions remain.

Bull Case

If Honda continues to outperform EPS expectations and shows strong vehicle sales, it could lead to a significant stock price increase.

Bear Case

Conversely, if Honda fails to meet expectations or reports weak sales figures, the stock could face downward pressure.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will Honda report for vehicle sales volume this quarter?

Sales volume is critical for assessing demand and can significantly influence earnings and investor sentiment.

How does Honda plan to address supply chain challenges moving forward?

Supply chain issues have impacted many automakers, and Honda's response will be crucial for future performance.

Edge

What the Street Is Missing

Why consensus could be wrong

The consensus may underestimate Honda's ability to adapt to changing market conditions and capitalize on emerging trends in electric vehicles.

Supporting Evidence

Honda's recent investments in electric vehicle technology could position it favorably against competitors.

The company's strong brand loyalty may help sustain sales even in a challenging market.

Options pricing suggests a larger move than historical averages, indicating potential for a surprise.

Key Risk

If vehicle sales exceed expectations, it could challenge the current bearish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating Honda's ability to sustain growth amid supply chain challenges and changing consumer preferences.

Bull Confirmed If

A vehicle sales volume increase of 10% or more would confirm the bull case.

Bear Confirmed If

A decline in vehicle sales volume below last year's figures would confirm the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±16.11%

Historical Avg

±3.2%

Pricing rich

The options market is pricing in a significant potential move, indicating heightened uncertainty or anticipation around the earnings report.

Options are pricing ±16.1% while HMC has averaged ±3.2% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.4%

30d HV

29.2%

Calls (30K)P/C Ratio: 0.80Puts (6K)

Edge

Institutional Ownership

Smart-money positioning from the most recent 13F filings.

Top holders trimming

Institutional

4.24%

of float

Insider

0.00%

of float

Holders

439

institutions

Top Holders· as of Dec 2025

Fisher Asset Management, LLC
10,532,249 sh · $256.4M
0.70%
-0.4%

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Honda beats expectations, history suggests a potential stock increase of around 1.6%, confirming positive market sentiment.

In-Line / Cautious

If results are in line but management expresses caution, the stock may remain flat or see a slight decline.

Miss

A miss could lead to a drop of about 5.6%, reflecting investor disappointment and concerns about future performance.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on electric vehicle sales and strategy.
2Any commentary on supply chain improvements.
3Insights into consumer demand trends for Honda vehicles.
4Management's outlook on global market conditions.
5Details on cost management and pricing strategies.