While the top- and bottom-line numbers for Ford Motor (F) give a sense of how the business performed in the quarter ended September 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 $0.49 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.39 per share a year ago.
Ford said full-year earnings would be at the low end of its forecast as the carmaker struggles to cut costs and overhaul its electric vehicle strategy. David Welch reports on "Bloomberg The Close.
Ford (F) reported third-quarter profit that missed analysts' expectations and trimmed its full-year outlook, sending shares lower in extended trading Monday.
Ford Motor Company (NYSE:F) shares moved lower after the automaker trimmed its full-year earnings forecast. The company now expects adjusted earnings before interest and taxes (EBIT) of $10 billion, compared to its earlier forecast of $10 billion to $12 billion.
Ford Motor Co. reported earnings late Monday, but investors looked past a beat.
Ford reported a lower third-quarter profit on Monday, hurt by ongoing challenges in the auto market, sending its shares down about 3% in trading after the bell.
Ford Motor is set to report third-quarter results after markets close Monday. Wall Street analysts expect adjusted earnings per share of 47 cents and revenue of $41.88 billion.
For the third quarter, Wall Street expects Ford to post an operating profit of $2.6 billion from sales of $45 billion.
Ford's earnings are complicated by Rivian's impact and EVs, but the real issues are interest rate hikes and warranty costs. Ford's significant EV losses are greatly overstated, due to a highly aggressive depreciation method and an EV mandate compliance credits valuation of $0 in internal transactions. Ford Credit's earnings have plunged due to higher interest rates, this is the real hit to the company's overall profitability.
While tech-based growth stocks might seem like the right play, you can't ignore dividends if you want to have a strong portfolio.
In the third quarter of last year, Ford Motor Company (NYSE: F) had revenue of $43.8 billion.