Market Overview

Toyota Posts Rise In Q3 Profit, Lifts Outlook

Related TM
Cars.com Reports 7.3% Increase In Luxury-Brand Vehicle Sales
Fast Money Picks For December 16: Intersil, Toyota, Deckers Outdoor, Coca-Cola
Honda Expands Takata Airbag Recall Nationwide (Fox Business)

Toyota Motor (NYSE: TM) reported a rise in its third-quarter net profit.

Toyota's quarterly profit surged to ¥525.46 billion ($5.21 billion), from a year-ago profit of ¥99.91 billion.

Its total revenue climbed to ¥6.585 trillion from ¥5.318 trillion.

Toyota lifted its outlook for net income to ¥1.90 trillion yen for the fiscal year ending March 31.

Toyota shares closed at $112.75 yesterday.

Posted-In: profitEarnings News Guidance

 

Related Articles (TM)

Around the Web, We're Loving...

Get Benzinga's Newsletters

Benzinga Professional