Company News: Ford Motor (F) quarterly earnings miss analysts’ forecast

Market news

25 July 2019

Company News: Ford Motor (F) quarterly earnings miss analysts’ forecast

Ford Motor (F) reported Q2 FY 2019 earnings of $0.28 per share (versus $0.27 in Q2 FY 2018), missing analysts’ consensus estimate of $0.31.

The company’s quarterly revenues amounted to $35.905 bln (+0.4% y/y), beating analysts’ consensus estimate of $35.207 bln.

The company also issued downside guidance for FY 2019, projecting EPS of $1.20-1.35 versus analysts’ consensus estimate of $1.39.

F fell to $9.79 (-5.23%) in pre-market trading.

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