Toyota Motor Corporation (NYSE:TM) reported second-quarter financial results before the market open on Wednesday. Here’s a rundown of the report. What Happened: Toyota reported second-quarter sales of 11.

TOKYO (Reuters) - Toyota Motor posted a 20% decline in second-quarter profit on Wednesday, as slowing sales and production volume hurt results. The 1.2 trillion yen ($7.81 billion) operating profit compared to 1.4 trillion yen in the same period last year, and the 1.2 trillion yen average of nine analyst estimates compiled by LSEG.

Toyota Motor Corporation, the world's leading automaker, is projected to report its first profit drop in two years on Wednesday, signaling a slowdown in demand following a period of robust earnings.

Toyota Motor Corporation TM is slated to release second-quarter fiscal 2025 results on Nov. 6, after market close. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings and revenues is pegged at $4.

Toyota Motor Corp. will release second quarter earnings on Wednesday and is expected to show its profit decline for the first time in two years. The forecast indicates a falloff in demand as profits from strong earnings from an EV era shift to hybrids.