Toyota profits fall for a second consecutive quarter, missing estimates, as U.S. tariffs hit exports

A sign with the Toyota logo in Surrey, England on August, 2023Toyota Motor on Wednesday missed operating profit for the quarter ended September as the Japanese auto giant bears the brunt of U.S. tariffs. Here are Toyota's September quarter results compared with mean estimates from LSEG:Revenue: 12.38 trillion yen (about $81 billion) vs. 12.18 trillion yenOperating profit: 834 billion yen vs. 863.1 billion yenThe world's largest carmaker by sales volume reported a nearly 28% drop in profit , year on year, wh ...