Post-earnings recap
Reported
Fri, Nov 5, 2021
EPS actual
$0.85
EPS est.
$0.74
EPS surprise
+14.71%
1-day move
-3.38%
—
Est. EPS
—
Est. Rev
—
Impl. Move
—
Honda's better-than-expected EPS indicates some resilience in profitability despite ongoing challenges. However, the stock fell by 3.38%, likely due to concerns about revenue visibility and supply chain issues. Investors may be cautious given the lack of guidance and the current market conditions.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $0.85 | N/A | +14.71% |
| Revenue | N/A | N/A | N/A |
Overall, management acknowledged the difficulties faced in the current market but maintained a positive outlook for future operations.
Management highlighted ongoing challenges in the supply chain.
They expressed confidence in meeting future production targets despite current issues.