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

Market news

31 July 2020

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

Ford Motor (F) reported Q2 FY 2020 loss of $0.35 per share (versus earnings of $0.28 per share in Q2 FY 2019), better than analysts’ consensus estimate of -$1.16 per share.

The company’s quarterly revenues amounted to $16.622 bln (-53.5% y/y), beating analysts’ consensus estimate of $15.629 bln.

F rose to $6.92 (+2.67%) in pre-market trading.

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