Hyundai Motor Co. said its first-quarter normalized net income came to 4,989.76 South Korean won per share, compared with the S&P Capital IQ consensus estimate of 3,997.80 won per share.
EPS climbed year over year from 4,798.42 won.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 1.033 trillion won, a decrease of 19.8% from 1.288 trillion won in the year-earlier period.
The normalized profit margin dropped to 4.4% from 5.8% in the year-earlier period.
Total revenue grew year over year to 23.366 trillion won from 22.351 trillion won, and total operating expenses grew 5.3% on an annual basis to 22.115 trillion won from 21.008 trillion won.
Reported net income declined 39.3% on an annual basis to 1.025 trillion won, or 4,948.17 won per share, from 1.687 trillion won, or 6,284.08 won per share.
As of May 15, US$1 was equivalent to 1,116.40 South Korean won.