Honda reported earnings of 99 cents per share for fourth-quarter fiscal 2024, surpassing the Zacks Consensus Estimate of 44 cents. The bottom line also grew from the year-ago profit of 51 cents per share. Quarterly revenues totaled $36.5 billion. The top line increased from $33.1 billion recorded in the year-ago period.
Consolidated cash and cash equivalents were ¥4.95 trillion ($32.73 billion) as of Mar 31, 2024. Long-term debt was around ¥6 trillion ($40.2 billion) as of Mar 31, up from ¥4.37 trillion as of Mar 31, 2023.
The dividend for fiscal 2024 was ¥68/share, higher than ¥40 in fiscal 2023. Honda repurchased ¥250 billion shares in fiscal 2024 and plans to buy back ¥300 billion stock in fiscal 2025.
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