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2023-02-10

Toyota shares were up more than 1% on Thursday after the company's third-quarter earnings, revenue, and operating profit beat analyst expectations.

The Japanese automaker announced earnings of 53.40 yen, topping the consensus estimate of 49.55 yen from analysts polled by FactSet. The company's posted 9.755 trillion yen in revenue versus the 9.257 trillion yen anticipated by analysts.

Operating income in the third quarter jumped 22% year-on-year, coming in at ¥956.65 billion.

Meanwhile, Toyota's net profit fell to 745 million yen, from the 819 million yen reported in the same period in the previous year.

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Comments

  • Yaahh
    2023-02-10
    Yaahh
    ohh, higher cost!
  • Bons
    2023-02-10
    Bons
    noted
  • FooTY
    2023-02-10
    FooTY
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  • fred84
    2023-02-10
    fred84
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  • ARG
    2023-02-10
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  • JLSE
    2023-02-10
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