Toyota set to post 15% rise in fourth-quarter net profit
Updated
Updated · MarketWatch · May 6
Toyota set to post 15% rise in fourth-quarter net profit
11 articles · Updated · MarketWatch · May 6
Analysts polled by Visible Alpha forecast net income of 761.8 billion yen, or $4.82 billion, on revenue of 12.75 trillion yen for the March quarter.
Investors are also awaiting guidance for the fiscal year that began in April, including sales and profit projections and any update on the effects of US tariffs and the Iran war.
Toyota said in February that US tariffs cut third-quarter operating profit by 300 billion yen, while its shares are down 11% this year amid energy-price and consumer-sentiment concerns.
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