- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
Ford Motor Co. (NYSE:F) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Despite exceeding analyst expectations, the net income drop has shares are down 2.03%.
Ford Motor Co. Earnings Cheat Sheet
Results: Net income decreased -88.25% to $1.6 billion (31 cents per diluted share) in the quarter versus a net gain of $13.62 billion in the year-earlier quarter.
Revenue: Rose 5.56% to $36.5 billion from the year-earlier quarter.
Actual vs. Wall St. Expectations: Ford Motor Co. reported adjusted net income of 31 cents per share. By that measure, the company beat the mean analyst estimate of $0.25. It beat the average revenue estimate of $32.94 billion.
Quoting Management: “Our 2012 results were solid, and we expect another strong performance in 2013,” Ford Credit Chairman and CEO Bernard Silverstone said…
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.