Why Toyota Stock Is Down Despite Good Earnings
Toyota's quarterly operating profit was up 17% from a year ago, in line with Wall Street estimates. The company maintained full-year guidance but there are growing concerns on several fronts.
Toyota Tumbles Even as Q1 Results Beat on Weak Yen, Hybrid Sales
Toyota Motor (TM) American depositary receipts (ADRs) fell Thursday even though the automaker posted better-than-expected first-quarter results on a weak yen and strong hybrid vehicle sales.
Toyota reports record quarterly profit, boosted by a weak yen and despite a certification scandal
Toyota reported Thursday that its April-June profit rose 1.7%, boosted by a favorable exchange rate, as vehicle sales grew around the world despite a certification scandal that halted production in Japan for several months.
Toyota slides as safety scandal overshadows record profits
Toyota Motor (NYSE:TM) shares tanked more than 8.5% on Thursday as the woes from a growing safety scandal overshadowed a strong quarterly performance. The Japanese car giant reported a 1.7% increase in its profit for the April-June quarter, reaching 1.33 trillion yen (US$8.9 billion).
Toyota posts 17% rise in Q1 operating profit, in line with expectations
Toyota Motor said on Thursday it posted a 17% rise in first-quarter operating profit, as the Japanese automaker got a boost from cost reduction efforts and the weak yen that helped offset lower sales and production volume in Japan.
Shareholders of Toyota Motor Corporation Should Contact Levi & Korsinsky Before August 23, 2024 to Discuss Your Rights - TM
NEW YORK, NY / ACCESSWIRE / July 31, 2024 / If you suffered a loss on your Toyota Motor Corporation (NYSE:TM) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
Levi & Korsinsky Reminds Toyota Motor Corporation Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of August 23, 2024 - TM
NEW YORK, NY / ACCESSWIRE / July 31, 2024 / If you suffered a loss on your Toyota Motor Corporation (NYSE:TM) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
TM SHAREHOLDER ALERT: Bronstein, Gewirtz and Grossman, LLC Reminds Toyota Motor Corp Ltd Ord Shareholders to Actively Participate in Class Action Lawsuit!
NEW YORK, NY / ACCESSWIRE / July 31, 2024 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Toyota Motor Corp Ltd Ord ("Toyota" or "the Company") (NYSE:TM) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Toyota securities between June 25, 2022, and June 2, 2024, inclusive (the "Class Period").
Toyota to post rise in Q1 profit on hybrid demand, but momentum may be slowing
Demand for hybrids is likely to deliver another quarter of double-digit growth for Japan's Toyota Motor when it reports earnings on Thursday, although it is expected to show signs of slowing after a run of record profits.
Japan's transport ministry to issue corrective order to Toyota, NHK says
Japan's transport ministry is planning to issue a corrective order to Toyota Motor due to violations in the company's vehicle certification procedures, public broadcaster NHK said on Wednesday.
Levi & Korsinsky Notifies Toyota Motor Corporation Investors of a Class Action Lawsuit and Upcoming Deadline – TM
NEW YORK, NY / ACCESSWIRE / July 30, 2024 / If you suffered a loss on your Toyota Motor Corporation (NYSE:TM) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
Toyota Motor Corporation Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky Before August 23, 2024 to Discuss Your Rights - TM
NEW YORK, NY / ACCESSWIRE / July 30, 2024 / If you suffered a loss on your Toyota Motor Corporation (NYSE:TM) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
