Ford's January sales in the U.S. fell 6.3% owing to lower demand for its internal combustion (ICE) vehicles, the company said on Monday.
Markets were reeling Monday as the developing trade war between the U.S., Mexico, Canada and China looked set to escalate.
Shares of the Big Three automakers slumped on Monday in premarket trade as the impact of 25% tariffs on Canada and Mexico hit the companies hard.
Ford is undervalued with a P/E ratio under 6, compared to Tesla's 120, and is successfully entering the EV market with models like the Mustang Mach-E. Switching from hold to buy due to Ford's cautious EV pivot and success with the Ford Maverick, a hybrid compact truck. Financials: Q1 2024 revenue up 4% to $127.8B, net income down 20% to $4.1B, and debt reduced by $400M.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Ford Motor (F), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.
Top US automakers Ford (F) and General Motors (GM) are facing possible pressures from the Trump administration over proposed tariffs that could hit auto imports from North American neighbors Mexico and Canada. Ford CEO Jim Farley sits down with Yahoo Finance senior autos reporter Pras Subramanian at the Charlotte Motor Speedway for a conversation on the company's manufacturing outlook in response to these challenges.
Trading in Ford Motor Company F is quiet Thursday and the stock has been sideways over the past week. But that may be about to change.
In the latest trading session, Ford Motor Company (F) closed at $10.20, marking a +1.19% move from the previous day.
Ford F is slated to release fourth-quarter 2024 results on Feb. 5, after market close. The Zacks Consensus Estimate for the to-be-reported quarter's earnings and automotive revenues is pegged at 34 cents per share and $43.6 billion, respectively.
Ford Motor (F) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Ford Motor Company (F 2.57%) has been busy trying to turn its operations around. The company is struggling in China, struggling to keep warranty costs in check, and losing billions on its electric vehicle (EV) division.
As General Motors and Ford gear up to report their fourth-quarter results, let's see how expectations stack up and which stock looks a better bet now.