Toyota Q3 Earnings Miss Expectations, Revenues Increase Y/Y

Toyota TM reported fiscal third-quarter 2026 earnings per share of $6.26, which missed the Zacks Consensus Estimate by 4.28% and decreased from $9.98 reported in the year-ago quarter. Consolidated revenues came in at $87.36 billion, which grew from $81.35 billion in the year-ago quarter.  Toyota had consolidated cash and cash equivalents of ¥7.91 trillion ($50.7 billion) as of Dec. 31, 2025. Long-term debt was ¥25.06 trillion ($160.6 billion), up from ¥22.96 trillion as of March 31, 2025.Toyota Motor Corporation Price, Consensus and EPS Surprise Toyota Motor Corporation price-consensus-eps-surprise-chart | Toyota Motor Corporation QuoteTM’s Segmental ResultsThe Automotive segment’s net revenues for the fiscal third quarter increased 6% year over year to ¥11.92 trillion ($77.4 billion). Operating profit came in at ¥935 billion ($6.07 billion), which declined 6.5% from the year-ago period.The Financial Services segment’s net revenues rose 22.5% from the prior-year quarter to ¥1.25 trillion ($8.11 billion). The segment registered an operating income of ¥212.9 billion ($1.38 billion), which rose 30% from the third quarter of fiscal 2025.All Other businesses’ net revenues totaled ¥433 billion ($2.81 billion) in the reported quarter, which increased 10.1% year over year. The unit generated an operating profit of ¥46.9 billion ($304 million), which fell 7.1% year over year.Toyota’s FY26 GuidanceFor fiscal 2026, Toyota projects total retail vehicle sales of 11.3 million units, indicating an increase from 11.01 million units sold in fiscal 2025. Fiscal 2026 sales are expected to total ¥50 trillion compared with ¥48.04 trillion recorded in fiscal 2025. Operating income is projected to be ¥3.8 trillion, indicating a contraction of 20.7% year over year.Pretax profit is estimated to be ¥5.02 trillion, implying a decline from ¥6.41 trillion generated in fiscal 2025. R&D expenses are envisioned to be ¥1.42 trillion compared with ¥1.32 trillion spent in fiscal 2025. Capex is forecasted to be ¥2.3 trillion compared with ¥2.13 trillion spent in fiscal 2025.   TM’s Zacks Rank & Key PicksToyota carries a Zacks Rank #3 (Hold) at present. Some better-ranked stocks in the auto space are Modine Manufacturing Company MOD, Ford Motor Company F and PHINIA Inc. PHIN, each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.The Zacks Consensus Estimate for MOD’s fiscal 2026 sales and earnings implies year-over-year growth of 18.5% and 17.5%, respectively. The EPS estimate for fiscal 2026 and 2027 has improved 13 cents and 17 cents, respectively, in the past seven days. The Zacks Consensus Estimate for F’s 2025 sales implies year-over-year growth of 0.3%. EPS estimates for 2025 and 2026 have improved 7 cents and 11 cents, respectively, in the past 30 days.The Zacks Consensus Estimate for PHIN’s 2025 sales and earnings implies year-over-year growth of 1.1% and 33.4%, respectively. EPS estimates for 2025 and 2026 have improved 47 cents and 66 cents, respectively, in the past 60 days.Zacks Names #1 Semiconductor StockThis under-the-radar company specializes in semiconductor products that titans like NVIDIA don't build. It's uniquely positioned to take advantage of the next growth stage of this market. And it's just beginning to enter the spotlight, which is exactly where you want to be.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $971 billion by 2028.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ford Motor Company (F): Free Stock Analysis Report Toyota Motor Corporation (TM): Free Stock Analysis Report Modine Manufacturing Company (MOD): Free Stock Analysis Report PHINIA Inc. (PHIN): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks