Ford (F) Q2 Earnings Miss Expectations, Guidance Revised

Ford (F) reported second-quarter 2024 adjusted earnings per share (EPS) of 47 cents, which missed the Zacks Consensus Estimate of 64 cents and declined from 72 cents recorded in the year-ago quarter. The company’s consolidated second-quarter revenues came in at $47.8 billion, up 6.3% year over year.Segmental PerformanceIn the second quarter, total wholesale volume in the Ford Blue segment increased 3% year over year to 741,000 units and topped our expectation of 694,000 units. Also, revenues from the segmen ...