Toyota Q1 earnings miss estimates on higher labor costs and R&D expenses

Earnings
โดย Zacks Investment Research·JP·Read original
Summary · why it matters

Toyota Motor Corporation reported first-quarter fiscal 2027 earnings of $7.57 per share, missing the Zacks Consensus Estimate by 4.28% but rising from $4.47 a year ago, while revenues remained nearly flat at $84.9 billion. Profitability was pressured by model mix, labor costs, depreciation, and R&D expenses. The Automotive segment's net revenues rose 8.8% to ¥12.01 trillion, but operating profit fell 21% to ¥719.9 billion. For fiscal 2027, Toyota projects total retail vehicle sales of 11.18 million units, down from 11.28 million in fiscal 2026, with sales expected at ¥54 trillion and operating income contracting 9.7% to ¥3.4 trillion.

Impact on stocks 4

Electrification & Mobility · 3 stocks
Toyota Motor Corp.
7203
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Toyota's Q1 earnings missed estimates and fiscal 2027 guidance is weak due to higher costs and R&D expenses.

Consumer Discretionary · 1 stocks