Honda Motor Co., Ltd. HMC is set to report fourth-quarter and fiscal 2016 (ended Mar 31, 2016) results on May 13. In the last quarter, the company had posted a negative earnings surprise of 22.97%. Let’s see how things are shaping up for this announcement.Factors Influencing this QuarterFor fiscal 2016, Honda expects revenues to increase 9.2% to ¥14.55 trillion ($121.25 billion). Operating income is likely to rise 2.1% to ¥685 billion ($5.71 billion). Net income is projected to improve 3.1% to ¥525 billion ($4.38 billion) or ¥291.30 ($2.43) per share.The company’s wide product line-up should help boost sales. In addition, Honda is concentrating on infrastructural development in North and South America to drive sales. The automaker is also focused on introducing new products and expanding its business in Asia to attract more customers.However, Honda is witnessing declining sales volume in its domestic market, Japan. Moreover, higher selling, general and administrative, and research and development expenses are affecting the company’s operating income. These expenses are expected to increase for fiscal 2016.Earnings WhispersOur proven model does not conclusively show that Honda is likely to beat earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1, 2 or 3 for this to happen. This is not the case here, as you will see below:Zacks ESP: The Earnings ESP represents the difference between the Most Accurate estimate and the Zacks Consensus Estimate. Honda’s Earnings ESP is 0.00% because the Most Accurate estimate and the Zacks Consensus Estimate both stand at 49 cents.Zacks Rank: Honda carries a Zacks Rank #3 (Hold), which increases the predictive power of ESP. However, the company’s ESP of 0.00% makes surprise prediction difficult.We caution against stocks with a Zacks Rank #4 or 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions.Stocks to ConsiderNissan Motor Co. Ltd. NSANY – a Zacks Rank #1 (Strong Buy) stock – will report its fourth-quarter and fiscal 2015 (ended Mar 31, 2016) financial numbers on May 12.CarMax Inc. KMX has an Earnings ESP of +1.08% and a Zacks Rank #3. The company will report its first-quarter fiscal 2017 (ended May 31, 2016) results on Jun 17.Navistar International Corporation NAV – a Zacks Rank #3 stock – will report its second-quarter fiscal 2016 (ended Apr 30, 2016) results on Jun 2.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CARMAX GP (CC) (KMX): Free Stock Analysis Report HONDA MOTOR (HMC): Free Stock Analysis Report NISSAN ADR (NSANY): Free Stock Analysis Report NAVISTAR INTL (NAV): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research