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Toyota (TM) Falls 13.6% Since Q1 Earnings & Sales Beat
TMToyota(TM) ZACKS·2024-08-08 15:40

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 6.35pershare,whichsurpassedtheZacksConsensusEstimateof6.35 per share, which surpassed the Zacks Consensus Estimate of 4.01 but declined from the year-ago earnings of 7.05ashare.Consolidatedrevenuescameinat7.05 a share. Consolidated revenues came in at 75.9 billion, which beat the consensus mark of 72.5billionbutdeclinedfrom72.5 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 ...