Toyota Motor Corporation’s TMearnings were $3 per ADR in fourth-quarter fiscal 2018 (ended Mar 31, 2018). Earnings surpassed the Zacks Consensus Estimate of $2.61. The consolidated net income was ¥2.5 trillion ($22.5 billion) in fiscal 2018-end compared with ¥1.83 trillion ($16.9 billion) in the prior year.
The Japanese automaker’s cost-reduction initiatives and currency fluctuations contributed to year-over-year growth.Toyota's (TM) Cost-Cut Initiatives Aid Q4 Earnings Beat
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