Ford Motor Company (NYSE:F ) Q2 2024 Earnings Conference Call July 24, 2024 5:00 PM ET Company Participants Lynn Antipas Tyson - Executive Director of IR Jim Farley - President and CEO John Lawler - Vice Chair and CFO Cathy O'Callaghan - CEO, Ford Credit Conference Call Participants Adam Jonas - Morgan Stanley Bruno Dossena - Wolfe Research John Murphy - Bank of America Dan Levy - Barclays Ryan Brinkman - JPMorgan Operator Good day, everyone. My name is Gary, and I will be your conference operator today.
While the top- and bottom-line numbers for Ford Motor (F) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Ford Motor Company (F) came out with quarterly earnings of $0.47 per share, missing the Zacks Consensus Estimate of $0.64 per share. This compares to earnings of $0.72 per share a year ago.
Ford Motor (F) shares took a major hit in late trading Wednesday after the automaker's second quarter earnings fell short of expectations.
Ford Motor Company (NYSE:F) stock dropped over 10% in after-hours trading Wednesday following a disappointing second-quarter earnings report. The automaker's adjusted earnings per share (EPS) came in at $0.47, falling 31% short of the $0.67 consensus estimate.
Ford Motor reported a dip in its second-quarter adjusted profit on Wednesday, as the automaker battles lower profitability in its electric vehicle business.
Ford Motor is set to report second-quarter results after markets close Wednesday. Wall Street analysts expect adjusted earnings per share of 68 cents and revenue of $44.02 billion.
Ford Motor (F) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Ford Motor Co F will report second-quarter earnings on Wednesday. Wall Street expects 66 cents in EPS and $44 billion in revenues as the company reports after market hours.
24/7 Insights Ford Motor Co. (NYSE: F) has a dilemma when it comes to its next quarterly report.
GM and Ford may post smaller quarterly profits this week after slowing consumer demand for EVs and a cyberattack on a critical software system used by dealerships disrupted sales.
Ford has announced its revised strategy for its Oakville Assembly plant in Canada, originally slated for electric vehicle (EV) production. Instead, the facility will focus on manufacturing larger gasoline-powered versions of its popular F-Series pickup trucks.