Company News: Ford Motor (F) posts surprise quarterly profit

Market news

5 February 2021

Company News: Ford Motor (F) posts surprise quarterly profit

Ford Motor (F) reported Q4 FY 2020 earnings of $0.34 per share (versus $0.12 per share in Q4 FY 2019), better than analysts’ consensus estimate of -$0.09 per share.

The company’s quarterly revenues amounted to $36.000 bln (-9.3% y/y), beating analysts’ consensus estimate of $33.963 bln.

F rose to $11.44 (+0.62%) in pre-market trading.

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