The Japanese automaker’s bottom line is likely to have been hit by its many safety recalls, weaker U.S. sales and Japan’s rising currency. Analysts forecast Toyota will report a quarterly profit of about $1 billion on sales of $56.2 billion.
Continue reading Earnings Preview: Toyota Fights Recall Woes and Stronger Yen
Earnings Preview: Toyota Fights Recall Woes and Stronger Yen originally appeared on DailyFinance on Mon, 07 Feb 2011 12:15:00.
Filed Under: Company News, Economy, Earnings, Toyota, Autos