Toyota Motor (NYSE: TM ) is expected to report Q3 earnings on Feb. 5. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Toyota Motor's revenues will shrink -5.3% and EPS will grow 97.0%.
The average estimate for revenue is $59.91 billion. On the bottom line, the average EPS estimate is $1.32.
Last quarter, Toyota Motor reported revenue of $69.42 billion. GAAP reported sales were 17% higher than the prior-year quarter's $59.34 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $2.03. GAAP EPS of $1.05 for Q2 were 218% higher than the prior-year quarter's $0.33 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 17.8%, 640 basis points better than the prior-year quarter. Operating margin was 8.8%, 720 basis points better than the prior-year quarter. Net margin was 4.8%, 300 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $239.24 billion. The average EPS estimate is $6.98.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 3,346 members out of 3,673 rating the stock outperform, and 327 members rating it underperform. Among 889 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 847 give Toyota Motor a green thumbs-up, and 42 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Toyota Motor is outperform, with an average price target of $102.96.
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