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Honda service finance 's Q1 operating cash flow hit $260M

Model: NS-40F401NA26
SKU: 6614066
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Honda Service Finance's Q1 operating cash flow hit $260M, up 3% YoY, supporting share repurchases worth $50M. Analysts project buybacks to provide additional EPS support in the quarters ahead. City investors are bracing for the impact of the judgement on the finances of lenders. Drivers can also add Honda Care Sentinel to their extended warranty. Sentinel services cover oil changes, tires damaged by road hazards and various types of scheduled maintenance. Forecasts for Honda Service Finance in H2 2024 show steady 3–5% loan book growth. Inflation easing could spur more vehicle purchases, directly boosting financing demand in its key markets.