- Company News: Ford Motor’s (F) Q2 earnings miss analysts’ expectations
Market news
26 July 2018
Company News: Ford Motor’s (F) Q2 earnings miss analysts’ expectations
Ford Motor (F) reported Q2 FY 2018 earnings of $0.27 per share (versus $0.51 in Q2 FY 2017), missing analysts' consensus estimate of $0.30.
The company's quarterly revenues amounted to $35.900 bln (-2.8% y/y), generally in-line with analysts' consensus estimate of $35.631 bln.
The company also issued downside guidance for FY 2018, projecting EPS of $1.30-1.50 versus its prior guidance of $1.45-1.70 and analysts' consensus estimate of $1.51.
F fell to $10.15 (-3.52%) in pre-market trading.
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