Ford Motor Misses
Ford Motor (F) reported 4th Quarter December 2017 earnings of $0.39 per share on revenue of $41.3 billion. The consensus earnings estimate was $0.42 per share on revenue of $37.2 billion. The Earnings Whisper number was $0.41 per share. Revenue grew 14.7% on a year-over-year basis.
The company said in its earnings presentation it expects 2018 earnings of $1.45 to $1.70 per share. The current consensus earnings estimate is $1.58 per share for the year ending December 31, 2018.
Ford Motor Co is engaged in automobile manufacturing business. It produces cars and trucks. Its business is divided into two segments: Automotive and Financial Services.
Ford Motor Company Reports Fourth Quarter and Full Year 2017 Results; Revenue Up, Net Income Higher, Adjusted Pre-Tax Profit Lower
Ford Motor Company (F) today reported its 2017 fourth quarter and
full year financial results. Click
here or visit media.ford.com
to view the news release and visit shareholder.ford.com
to view the slide presentation and access the webcast to Fords earnings
call, which begins at 5:30 p.m. EST with Jim Hackett, president and
chief executive officer, and Bob Shanks, executive vice president and
chief financial officer.
This press release features multimedia. View the full release here:
About Ford Motor Company
Ford Motor Company is a global company based in Dearborn, Michigan.
The company designs, manufactures, markets and services a full line of
Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury
vehicles, provides financial services through Ford Motor Credit Company
and is pursuing leadership positions in electrification, autonomous
vehicles and mobility solutions. Ford employs approximately 202,000
people worldwide. For more information regarding Ford, its products and
Ford Motor Credit Company, please visit www.corporate.ford.com.
For news releases, related materials and high-resolution photos and
video, visit www.media.ford.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180124006102/en/
SOURCE: Ford Motor Company