For the quarter ended September 2024, Ford Motor Company (F) reported revenue of $43.07 billion, up 4.6% over the same period last year. EPS came in at $0.49, compared to $0.39 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $41.2 billion, representing a surprise of +4.52%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.49.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...

Delivering Ford+ Q3 2024 Earnings 2025 MotorTrend SUV Of The Year Lincoln Nautilus ® Contents 2 Delivering Ford+ Page 4 - 5 Q3 Results Page 6 Year-To-Date Results Page 7 Financials Page 9 - 17 2024 Guidance Page 19 - 20 Appendix Page 22 - 34 2025 Ford Maverick Lobo Safe Harbor Statement And Disclosures This presentation includes forward-looking statements. Forwardlooking statements are based on expectations, forecasts, and assumptions by our management and involve a number of risks, uncertainties, and other ...

Ford Motor Company (F) came out with quarterly earnings of $0.49 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.39 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this company would post earnings of $0.64 per share when it actually produced earnings of $0.47, delivering a surprise of -26.56%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Ford Motor, which belongs t ...

Ford (F) reported third-quarter profit that missed analysts' expectations and trimmed its full-year outlook, sending shares lower in extended trading Monday. The automaker posted third-quarter revenue of $46.2 billion, up more than 5% year-over-year and above the analyst consensus from Visible Alpha. However, net income of $900 million or 22 cents per share declined from the $1.2 billion or 30 cents per share Ford posted a year earlier, missing estimates. Ford said it now expects full-year adjusted earnings ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Revenue and Financial Performance - Ford reported Q3 2024 revenue of $46 billion, up 5% year-over-year, marking the 10th consecutive quarter of revenue growth[5] - Ford's total revenues for Q3 2024 were $46.196 billion, up from $43.801 billion in Q3 2023[27] - Revenues for the third quarter of 2024 were $46,196 million, with $43,069 million from company excluding Ford Credit and $3,127 million from Ford Credit[31] - Revenue for the first nine months of 2024 was $136.8 billion[36] - Ford Pro revenue increased 13% in Q3 2024, with paid software subscriptions up 30% to nearly 630,000 users[2] - Ford Blue revenue grew 3% to $26.2 billion in Q3 2024, despite a 2% decline in global wholesales[11] - Ford Credit reported Q3 2024 earnings before taxes (EBT) of $544 million, an increase of $186 million year-over-year[17] - Ford's Ford Credit revenues for Q3 2024 were $3.127 billion, up from $2.625 billion in Q3 2023[27] - Total financing revenue increased to $9,522 million in the first nine months of 2024, up from $7,956 million in 2023[44] - Retail financing revenue surged to $4,113 million in the first nine months of 2024, compared to $3,046 million in 2023[44] - Dealer financing revenue climbed to $2,170 million in the first nine months of 2024, up from $1,721 million in 2023[44] Net Income and Profitability - Net income for Q3 2024 was $0.9 billion, down $0.3 billion from Q3 2023, largely due to a $1 billion EV-related charge[6] - Ford's net income for Q3 2024 was $896 million, down from $1.173 billion in Q3 2023[27] - Net income for the first nine months of 2024 was $4,063 million, compared to $4,852 million in the same period of 2023[29] - Net income attributable to Ford Motor Company for the first nine months of 2024 was $4,055 million, compared to $3,073 million in the same period of 2023[32] - Net income/(loss) for the first nine months of 2024 was $4,063 million[34] - Net income rose to $982 million in the first nine months of 2024, compared to $765 million in 2023[44] - Diluted After-Tax Results (GAAP) for Q3 2023 were $1.199 billion, compared to $892 million in Q3 2024[37] - Adjusted Net Income - Diluted (Non-GAAP) for Q3 2023 was $1.575 billion, increasing to $1.958 billion in Q3 2024[37] - Adjusted Earnings Per Share - Diluted (Non-GAAP) for Q3 2023 was $0.39, rising to $0.49 in Q3 2024[37] EBIT and Adjusted EBIT - Adjusted EBIT for Q3 2024 was $2.6 billion, a $352 million improvement year-over-year[7] - Ford expects full-year 2024 adjusted EBIT of about $10 billion and adjusted free cash flow between $7.5 billion and $8.5 billion[18] - Ford Pro generated $1.8 billion in EBIT in Q3 2024, with a margin of 11.6% on revenue of $15.7 billion[10] - Ford Model e reported an EBIT loss of $1.2 billion in Q3 2024, with $500 million in year-over-year cost improvements[15] - Company Adjusted EBIT for the first nine months of 2024 was $8,070 million[36] - Company Adjusted EBIT Margin for the first nine months of 2024 was 5.9%[36] - Total EBIT Special Items for Q3 2023 were $0.5 billion, increasing to $1.4 billion in Q3 2024[43] Cash Flow and Capital Expenditures - Net cash provided by operating activities for the first nine months of 2024 was $12,395 million, slightly lower than $12,426 million in 2023[29] - Capital spending for the first nine months of 2024 was $6,186 million, an increase from $5,941 million in 2023[29] - Net cash provided by operating activities for the first nine months of 2024 was $12,395 million[34] - Capital spending for the first nine months of 2024 totaled $6,186 million[34] - Acquisitions of finance receivables and operating leases amounted to $44,942 million for the first nine months of 2024[34] - Company Adjusted Free Cash Flow (Non-GAAP) for the first nine months of 2023 was $4.837 billion, increasing to $5.945 billion in 2024[40] - Net cash provided by operating activities increased to $2,032 million in the first nine months of 2024, up from $1,564 million in 2023[46] - Net cash used in investing activities rose to $10,338 million in the first nine months of 2024, compared to $5,204 million in 2023[46] Assets, Liabilities, and Equity - Ford's total assets increased to $287.047 billion as of September 30, 2024, compared to $273.310 billion at the end of 2023[28] - Ford's total liabilities rose to $242.708 billion as of September 30, 2024, from $230.512 billion at the end of 2023[28] - Ford's equity attributable to Ford Motor Company grew to $44.315 billion as of September 30, 2024, up from $42.773 billion at the end of 2023[28] - Total assets as of September 30, 2024, were $287,047 million, including $156,416 million from Ford Credit[33] - Long-term debt as of September 30, 2024, was $103,694 million, with $84,623 million from Ford Credit[33] - Total assets grew to $157,056 million as of September 30, 2024, from $149,205 million at the end of 2023[45] - Total liabilities increased to $143,026 million as of September 30, 2024, from $135,816 million at the end of 2023[45] - Cash, cash equivalents, and restricted cash decreased to $8,579 million as of September 30, 2024, from $10,775 million at the end of 2023[46] Operating Income and Expenses - Ford's operating income for Q3 2024 was $880 million, a decrease from $1.129 billion in Q3 2023[27] - Operating income for the third quarter of 2024 was $880 million, with $445 million from company excluding Ford Credit and $435 million from Ford Credit[31] - Ford's cost of sales for Q3 2024 was $40.168 billion, up from $37.548 billion in Q3 2023[27] - Ford's selling, administrative, and other expenses for Q3 2024 were $2.456 billion, down from $2.671 billion in Q3 2023[27] - Depreciation and tooling amortization for the first nine months of 2024 was $5,636 million[34] Debt and Financing - Proceeds from issuance of long-term debt for the first nine months of 2024 were $43,579 million[34] - Payments of long-term debt for the first nine months of 2024 were $35,563 million[34] - Net financing margin improved to $2,076 million in the first nine months of 2024, up from $1,691 million in 2023[44] Hybrid and EV Performance - Global hybrid vehicle sales increased 30% in Q3 2024, with Ford commanding 77% of the U.S. hybrid truck market[13] - Ford Model e reported an EBIT loss of $1.2 billion in Q3 2024, with $500 million in year-over-year cost improvements[15] Tax and ROIC - Adjusted Effective Tax Rate (Non-GAAP) for Q3 2023 was 13.9%, increasing to 19.2% for the first nine months of 2024[38] - Adjusted ROIC (Non-GAAP) for the four quarters ending Q3 2023 was 15.1%, decreasing to 11.4% for the same period in 2024[42] Earnings Per Share - Ford's basic earnings per share for Q3 2024 were $0.22, down from $0.30 in Q3 2023[27] - Adjusted Earnings Per Share - Diluted (Non-GAAP) for Q3 2023 was $0.39, rising to $0.49 in Q3 2024[37]

As Ford (NYSE: F ) prepares to report earnings today, I find myself writing about it for the first time since before the pandemic. A lot of articles I write could be considered Ford-adjacent, in a way, but this is the first timeMax Greve is a graduate of Northwestern University with a quadruple major in History, Economics, Political Science, and International Studies. Max is a full-time writer and in addition to stock market trends also writes articles on government, current events, macroeconomic trends, an ...

Analysts on Wall Street project that Ford Motor Company (F) will announce quarterly earnings of $0.49 per share in its forthcoming report, representing an increase of 25.6% year over year. Revenues are projected to reach $41.2 billion, increasing 0.1% from the same quarter last year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Prior to a company's e ...

Ford (NYSE: F ) is set to submit its third-quarter earnings sheet for the third fiscal quarter on October 28, 2024, which could potentially set the automaker up for a breakout to the upside. After Ford reported second-quarter earnings, shares crashed 17% andAnalyst’s Disclosure: I/we have a beneficial long position in the shares of F, GM either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other ...

When I last covered Ford Motor Company (NYSE: F ) long ago with " Ford: A Bullish Breakout Approaches " on December 4th, 2020, the stock was attempting to recover from the early pandemic lows of $3.96 that were seen in March 2020. AtAnalyst’s Disclosure: I/we have a beneficial long position in the shares of F either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I h ...