Toyota Motor Earlier Reported Q3 EPS $0.68 Down From $3.78 YoY, Sales $81.51B Up From $69.09B YoY
Portfolio Pulse from Benzinga Newsdesk
Toyota Motor reported a significant decrease in Q3 EPS to $0.68 from $3.78 YoY, despite an increase in sales to $81.51B from $69.09B YoY.
February 06, 2024 | 10:09 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Toyota Motor's Q3 earnings per share dropped significantly to $0.68 from $3.78 YoY, although sales increased to $81.51B from $69.09B YoY.
The significant decrease in earnings per share (EPS) despite an increase in sales indicates potential challenges in profitability or increased costs, which could negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100