Company News: Ford Motor (F) quarterly results beat analysts’ estimates

Market news

26 April 2018

Company News: Ford Motor (F) quarterly results beat analysts’ estimates

Ford Motor (F) reported Q1 FY 2018 earnings of $0.43 per share (versus $0.39 in Q1 FY 2017), beating analysts' consensus estimate of $0.41.

The company's quarterly revenues amounted to $41.959 bln (+7.2% y/y), beating analysts' consensus estimate of $37.057 bln.

The company reaffirmed FY 2018 EPS guidance at $1.45-1.70 versus analysts' consensus estimate of $1.58. It also said it forecast FY 2018 revenues to be modestly higher than in 2017 versus flat to modestly higher prior.

F rose to $11.27 (+1.44%) in pre-market trading.

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