Toyota posts nearly 20% drop in second-quarter operating profit, missing estimates

A Toyota bZ Compact SUV is pictured after a briefing on EV (electric vehicle) battery strategies at the companys showroom in Tokyo on December 14, 2021.Japanese automaker Toyota Motor on Wednesday reported its first quarterly operating profit drop in about two years, as it strives to navigate the market shift toward electric vehicles.Here are Toyota's results compared with estimates from analysts, compiled by LSEG.Revenue: 11.44 trillion yen vs. 11.41 trillion yenOperating profit: 1.16 trillion yen vs. 1.24 ...