Ford Motor (F) Tops Q1 EPS by 3c

Ford Motor (NYSE: F) reported Q1 EPS of $0.39, $0.03 better than the analyst estimate of $0.36. Auto revenue for the quarter came in at $36.5 billion and total revenue was $39.1 billion versus the consensus estimate of $34.7 billion.

• For 2017: Continue to expect total company adjusted pre-tax profit to be about $9B, also a platform from which to build stronger results for 2018, led by gains in the core business
• Expect full-year cost efficiencies of nearly $3B to mostly offset costs outside of investments in emerging opportunities

For earnings history and earnings-related data on Ford Motor (F) click here.

You May Also Be Interested In

• KB Home (KBH) Misses Q2 EPS by 2c; Offers Outlook
• Unifor starts contract talks with Ford for 5,150 workers
• Morgan Stanley lifts server market TAM to $809B, boosts targets on compute stocks