Monday, August 02, 2010

Honda Short on Details

Honda Motor (HMC) issued an earnings release showing huge increases in net revenues. But for a company with $59 billion in market cap they had an underwhelming amount of financial information. No balance sheet, income statement or sources and uses of cash were included. Therefore no management commentary. Given the revolutionary nature of the global auto business why not explain yourself Honda, and let investors into the information tent.

Disclosure: No position in any stocks mentioned in this post.