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Zacks News
Nissan to Acquire 25% Stake in ChargeScape for EV-Grid Integration
by Zacks Equity Research
NSANY is set to invest in ChargeScape to extend the latter's services to EV users in the United States and Canada.
Honda Introduces New Technology for Its 0 Series EV Line-Up
by Zacks Equity Research
HMC introduces new technologies for its upcoming Honda 0 Series, a fresh line of EVs set to launch globally in 2026.
Nissan to Cut Rogue & Frontier Production to Reduce Inventory
by Zacks Equity Research
NSANY is set to slash production of the Rogue and Frontier by up to 40,000 units in September and October to address inventory and oversupply issues.
2 Foreign Auto Stocks to Watch Despite Industry Woes: BYDDY & HMC
by Rimmi Singhi
Although the Zacks Foreign Auto industry is unfavorably ranked currently, stocks like BYD Co and Honda are worth keeping an eye on.
Is Byd Co. (BYDDY) Stock Outpacing Its Auto-Tires-Trucks Peers This Year?
by Zacks Equity Research
Here is how Byd Co., Ltd. (BYDDY) and Honda Motor (HMC) have performed compared to their sector so far this year.
Canada Joins US & EU Bandwagon to Slap Tariffs on China EVs
by Rimmi Singhi
Canada is set to levy a 100% tariff on China-made EVs and a 25% duty on Chinese steel and aluminum to protect domestic markets from inexpensive imports.
Is Byd Co. (BYDDY) Outperforming Other Auto-Tires-Trucks Stocks This Year?
by Zacks Equity Research
Here is how Byd Co., Ltd. (BYDDY) and Honda Motor (HMC) have performed compared to their sector so far this year.
Top Research Reports for Alphabet, AbbVie & QUALCOMM
by Sheraz Mian
Today's Research Daily features new research reports on 16 major stocks, including Alphabet Inc. (GOOGL), AbbVie Inc. (ABBV) and QUALCOMM Incorporated (QCOM), as well as a micro-cap stock Flanigan's Enterprises, Inc. (BDL).
Here's How to Play Honda (HMC) Stock Post its Q1 Results
by Rimmi Singhi
Given Honda's (HMC) appealing valuation, strong hybrid lineup, ambitious electrification plans and a commitment to enhancing shareholder value, we remain bullish on the stock.
Honda (HMC) Q1 Earnings Exceed Estimates but Decline Y/Y
by Zacks Equity Research
For fiscal 2025, Honda (HMC) forecasts revenues and operating profits of 20.3 trillion yen and 1.42 trillion yen, respectively.
Toyota (TM) Falls 13.6% Since Q1 Earnings & Sales Beat
by Zacks Equity Research
For fiscal 2025, Toyota (TM) projects total retail vehicle sales of 10.95 million units, indicating a decrease from 11.09 million units sold in fiscal 2024.
Mobileye (MBLY) Q2 Earnings Top, 2024 Sales & Profit View Cut
by Zacks Equity Research
Mobileye (MBLY) trims its sales and profit guidance due to reduced expectations for EyeQ and SuperVision shipments for the remainder of 2024.
Standard Motor (SMP) Q2 Earnings Beat Estimates, Rise Y/Y
by Zacks Equity Research
Standard Motor (SMP) reports better-than-expected second-quarter results and expects sales growth to be low- to mid-single digit compared with the previous forecast of flat to low-single digit.
BorgWarner (BWA) Q2 Earnings Beat Estimates, Guidance Revised
by Zacks Equity Research
BorgWarner (BWA) reports mixed second-quarter results and expects full-year 2024 net sales in the band of $14.1-$14.4 billion, down from the previous estimate of $14.4-$14.9 billion.
Gentex (GNTX) Q2 Earnings Miss Expectations, Guidance Trimmed
by Zacks Equity Research
Gentex (GNTX) reports lower-than-expected second-quarter results and expects 2024 net sales in the range of $2.40-$2.50 billion, down from the previous estimate of $2.45-$2.55 billion.
Allison (ALSN) Q2 Earnings Beat Estimates, Guidance Revised
by Zacks Equity Research
Allison (ALSN) reports better-than-expected second-quarter results and expects full-year 2024 net sales in the range of $3.09-$3.17 billion, up from the previous guidance of $3.05-$3.15 billion.
Lear (LEA) Q2 Earnings Beat Estimates, Guidance Revised
by Zacks Equity Research
Lear (LEA) reports better-than-expected second-quarter results and expects full-year net sales in the band of $23.23-$23.67 billion, down from the previous guidance of $24-$24.6 billion.
Group 1 (GPI) Q2 Earnings Beat Expectations, Decline Y/Y
by Zacks Equity Research
Group 1's (GPI) second-quarter 2024 earnings top the Zacks Consensus Estimate but decline year over year.
Best Income Stocks to Buy for July 26th
by Zacks Equity Research
FISI, BTE and HMC made it to the Zacks Rank #1 (Strong Buy) income stocks list on July 26, 2024.
LKQ Falls Short of Q2 Earnings Estimates, Cuts 2024 Guidance
by Zacks Equity Research
LKQ misses second-quarter earnings and sales estimates. It now expects 2024 adjusted EPS in the range of $3.50-$3.70 for 2024, down from $3.90-$4.20 guided earlier.
O'Reilly (ORLY) Q2 Earnings Miss Mark, 2024 Profit View Cut
by Zacks Equity Research
O'Reilly (ORLY) expects 2024 earnings per share in the range of $40.75-$41.25, down from the previous estimate of $41.35-$41.85.
Ford (F) Q2 Earnings Miss Expectations, Guidance Revised
by Zacks Equity Research
Ford's (F) second-quarter 2024 earnings miss estimates. It now expects adjusted free cash flow in the range of $7.5-$8.5 billion, up from the previous outlook of $6.5-$7.5 billion.
Tesla (TSLA) Q2 Earnings Miss Expectations, Decrease Y/Y
by Zacks Equity Research
Tesla's (TSLA) second-quarter 2024 earnings miss estimates, marking the fourth miss in a row for the EV behemoth.
PACCAR's (PCAR) Q2 Pre-Tax Profit From Trucks Unit Lags Estimates
by Zacks Equity Research
PACCAR (PCAR) second-quarter earnings miss estimates amid lower-than-expected pre-tax profit from Trucks and Financial Services segments.
Genuine Parts (GPC) Q2 Earnings Miss Estimates, Outlook Revised
by Zacks Equity Research
Genuine Parts (GPC) reports lower-than-expected second-quarter results and expects overall sales growth for 2024 in the range of 1-3%, down from the previous estimated range of 3-5%.