Ford stock rallies 7% after car maker’s earnings beat [MarketWatch]
Ford Motor Company (F)
Last ford motor company earnings: 4/28 04:09 pm
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Source: MarketWatch
Ford stock rallies 7% after car maker’s earnings beat Ford Motor Co. stock rose more than 7% in the extended session Thursday after the car maker reported first-quarter earnings above Wall Street expectations, thanks to “strong” results in its North American and credit businesses. Ford F, -1.78% said it earned $1.2 billion, or 29 cents a share, in the quarter, compared with $1.7 billion, or 43 cents a share, in the year-ago period. Adjusted for one-time items, Ford earned 44 cents a share, compared with 43 cents a share a year ago. Revenue fell to $40.3 billion from $42 billion a year ago. Analysts polled by FactSet had expected adjusted earnings of 27 cents a share on sales of $40.3 billion. See also: Tesla’s earnings were a ‘debacle,’ says longtime bull in scorching commentary Ford pinned its lower sales on lower volumes due to the “global industry decline” and Ford’s discontinuing the Ford Focus in North America. And profit was down from the year-ago period mostly because of
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News
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F
Earnings
- 4/24/24 - Beat
F
Sec Filings
- 5/10/24 - Form 8-K
- 4/25/24 - Form 10-Q
- 4/25/24 - Form S-8
- F's page on the SEC website