Company News: Ford Motor (F) Q2 EPS miss analysts’ estimate

Market news

28 July 2016

Company News: Ford Motor (F) Q2 EPS miss analysts’ estimate

Ford Motor reported Q2 FY 2016 earnings of $0.52 per share (versus $0.47 in Q2 FY 2015), missing analysts' consensus estimate of $0.60.

The company's quarterly revenues amounted to $37.000 bln (+5.4% y/y), beating analysts' consensus estimate of $36.279 bln.

F fell to $12.88 (-6.94%) in pre-market trading.

Merkel: these attacks show we need a better early warning system to alert us to radicalization

The dollar continues to appreciate against the euro and pound restoring lost positions due to profit-taking and a partial change in risk appetite. Currently EUR / USD is trading at $ 1.1083, with an increase of 0.22%. Important support - $ 1.1017

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