Nov. 13 at 3:15 PM
$TM misses earnings, but revenue climbs. Whatâs the catch?
Toyota reported Q2 EPS of
$4.85, missing the Zacks Consensus Estimate of
$5.07, yet consolidated revenues rose to
$83.94B from
$76.92B in the year-ago quarter. The Automotive segment's operating profit dropped 39.5%, despite a 7% revenue rise.
Full breakdown here đ https://www.zacks.com/stock/news/2790657/toyota-q2-earnings-miss-expectations-revenues-rise-yy?cid=sm-stocktwits-2-2790657-body-20842&ADID=SYND_STOCKTWITS_TWEET_2_2790657_BODY_20842