Ford Motor (F) Misses Q4 EPS by 2c

Ford Motor (NYSE: F) reported Q4 EPS of $0.30, $0.02 worse than the analyst estimate of $0.32. Revenue for the quarter came in at $41.8 billion versus the consensus estimate of $37.01 billion.

• Revenue up in the fourth quarter and full year; net income, adjusted EBIT and margin lower
• North America EBIT margin of 7.6% in the quarter and 7.9% in the full year
• Continued strong results at Ford Credit, with best full-year earnings before taxes in eight years
• Balance sheet remains strong with cash and liquidity balances above targets

“We have consistently laid the foundation for the global redesign of our business, clearly investing to sharpen our competitiveness so we can better serve customers and invest for the future,” said Jim Hackett, Ford president and CEO. “Ford enters 2019 with a clear vision, a solid plan, and we are now in execution mode.”

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

You May Also Be Interested In

• Morgan Stanley upgrades CDW on stronger AI-driven server demand
• Goldman "broadly" raises estimates for LTL and truckload stocks
• Synopsys upgraded at Piper Sandler on Intel foundry momentum, Apple opportunity