Log in
Login
Password
Remember
Lost password
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Shares  >  Xetra  >  Bayerische Motoren Werke AG    BMW

Real-time Quote. Real-time TRADEGATE AG - 07/31 10:02:09 pm
91.3690 EUR   +1.68%
05:05a Detroit Free Press Mark Phelan column
07/31 Apple, BMW in courtship with an eye on car collaboration
07/31 BAYERISCHE MOTO : $9.6 million lawsuit faults school bus company for..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Toyota sees operating profit tripling this year

05/09/2012 | 02:25am US/Eastern

Toyota Motor Corp (>> Toyota Motor Corp.), Japan's top automaker, said quarterly operating profit jumped more than five-fold to $3 billion and would treble in the current year as vehicle production roars back from post-disaster lows.

Toyota Motor Corp (>> Toyota Motor Corp.), Japan's top automaker, said quarterly operating profit jumped more than five-fold to $3 billion and would treble in the current year as vehicle production roars back from post-disaster lows.

January-March operating profit increased to 238.5 billion yen beating a consensus estimate of 223 billion yen in a survey of 23 analysts by Thomson Reuters I/B/E/S. Fourth-quarter net profit jumped to 121 billion yen from 25.4 billion yen a year ago.

For the year to next March, Toyota forecast operating profit would rise to 1 trillion yen ($12.54 billion), its highest since the global financial crisis. Consensus forecasts have been for a full-year profit of 990 billion yen.

Toyota shares have gained more than a third since the broad market trough in late-November, outperforming local rivals Nissan (>> Nissan Motor) and Honda (>> Honda Motor), U.S. competitors General Motors (>> General Motors Company) and Ford (>> Ford Motor Company) and Volkswagen (>> Volkswagen AG), but lagging BMW's (>> Bayerische Motoren Werke AG) 41 percent jump. The main Topix share index <.TOPX> is up by a tenth over the same period.

($1 = 79.7750 Japanese yen)

(Reporting by Chang-Ran Kim; Editing by Ian Geoghegan)

React to this article
Latest news on BAYERISCHE MOTOREN WERKE A
05:05a Detroit Free Press Mark Phelan column
02:19a BAYERISCHE MOTOREN WERKE : A real coupe de grace ; BMW demonstrates that coupes ..
07/31 BAYERISCHE MOTOREN WERKE : Three's the magic number for BMW ; Road test: Matt Jo..
07/31 Safest choice in hatchback class
07/31 Apple, BMW in courtship with an eye on car collaboration
07/31 BAYERISCHE MOTOREN WERKE : $9.6 million lawsuit faults school bus company for st..
07/31 Western companies look hard at China as growth slows
07/31 BAYERISCHE MOTOREN WERKE : EfficientDynamic cleans up the sports image
07/31 BAYERISCHE MOTOREN WERKE : I just can't believe I'll never see him again ; LAST ..
07/31 BAYERISCHE MOTOREN WERKE : The 1 becomes 2 and double fun
Advertisement
Chart
Duration : Period :
Bayerische Motoren Werke A Technical Analysis Chart | BMW | DE0005190003 | 4-Traders
Income Statement Evolution
More Financials