Toyota (TM) Falls 13.6% Since Q1 Earnings & Sales Beat
Toyota(TM) ZACKS·2024-08-08 23:40
Shares of Toyota (TM) have declined 13.6% since it released its fiscal first-quarter 2025 results on Aug 1. This Japan-based auto giant posted earnings of $6.35 per share, which surpassed the Zacks Consensus Estimate of $4.01 but declined from the year-ago earnings of $7.05 a share. Consolidated revenues came in at $75.9 billion, which beat the consensus mark of $72.5 billion but declined from $76.8 billion in the year-ago quarter. Toyota had cash and cash equivalents of ¥7.59 trillion ($47.21 billion) as ...