Company News: Ford Motor (F) posts bigger-than-forecast quarterly loss

Market news

29 April 2020

Company News: Ford Motor (F) posts bigger-than-forecast quarterly loss

Ford Motor (F) reported Q1 FY 2020 loss of $0.23 per share (versus earnings of $0.44 per share in Q1 FY 2019), worse than analysts' consensus estimate of -$0.06 per share.

The company's quarterly revenues amounted to $34.320 bln (-14.9% y/y), beating analysts' consensus estimate of $31.726 bln.

F fell to $5.22 (-2.97%) in pre-market trading.

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