Toyota (TM) Falls 5% Since Q4 Earnings Beat on Soft Profit View

Shares of Toyota (TM) have declined roughly 5% since it released its fiscal fourth-quarter 2024 results on May 8. This Japan-based auto giant posted earnings of $4.99 per share, which surpassed the Zacks Consensus Estimate of$2.91 and rose from the year-ago earnings of $3.07 a share. Consolidated revenues came in at$74.5 billion, beating the consensus mark of $67.2 billion and rising from$73.2 billion in the year-ago quarter.  However, an expected year-over-year decline in fiscal 2025 profits is likely t ...