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Ford Motor Company (F) Tops Q1 Earnings Estimates
Zacks Investment Research· 2024-04-24 22:20
Ford Motor Company (F) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.63 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 16.67%. A quarter ago, it was expected that this company would post earnings of $0.12 per share when it actually produced earnings of $0.29, delivering a surprise of 141.67%.Over the last four quarters, the company ...
Ford sees 1Q earnings top expectations
Proactive Investors· 2024-04-24 20:37
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
Ford Motor(F) - 2024 Q1 - Quarterly Results
2024-04-24 20:07
1 https://twitter.com/fordhttps://ford.to/facebook https://ford.to/linkedin News Customers Find Appeal in ‘Freedom’ of Ford Powertrain Choices, Contributing to Solid Q1 Results, Setting Up Strong Full Year · Ford reports first-quarter revenue of $42.8 billion, net income of $1.3 billion, and adjusted EBIT of $2.8 billion · Revenue from Ford Pro commercial customers jumps 36%, EBIT more than doubles, with high demand for Super Duty work trucks, Transit vans and software/physical services · Ford Blue’s strong ...
Top Auto Stocks To Invest In 2024? 2 For Your Watchlist
Stockmarketcom· 2024-04-24 14:40
The automotive sector represents a major component of the global economy, comprising companies that design, manufacture, and sell vehicles. This sector includes some of the most recognized brands worldwide, such as Tesla (NASDAQ: TSLA). It also encompasses a wide array of vehicle types, including passenger cars, trucks, and increasingly, electric vehicles (EVs). Innovations in technology and growing environmental concerns have propelled the rise of EVs, reshaping the industry’s focus and investment.Investin ...
Ford Stock Hammered by Competitors
24/7 Wall Street· 2024-04-24 11:05
Ford Stock Hammered by Competitors gopixa / iStock Editorial via Getty Images The figures are straightforward. Over the past two years, Ford Motor Co. (NYSE: F) shares have gone down 14%. Meanwhile, shares of General Motors Co. (NYSE: GM) have risen 13%, the S&P 500 is up 19%, and Toyota Motor Corp. (NYSE: TM) stock has increased 36%.What Went Wrong?Source: jetcityimage / iStock Editorial via Getty ImagesAmong all the major car companies, Ford has been the worst at balancing the rise of electric vehicles ...
Rivian targets gas-powered Ford and Toyota trucks and SUVs with $5,000 ‘electric upgrade' discount
TechCrunch· 2024-04-23 02:10
Rivian is offering discounts up to $5,000 on its EVs — and a year of free charging — to customers willing to trade in their gas-powered trucks and SUVs.The deal, which kicked off April 22, is aimed directly at some of the best-selling and most ubiquitous gas-powered trucks and SUVs on the market today, including the Ford F-150, Toyota Tacoma and Jeep Wrangler. Rivian is even going after German automakers Audi and BMW. The price cut varies between $1,000 and $5,000 depending on the model. Rivian is offering ...
S&P 500 Gains and Losses Today: Ford Stock Drives Higher Ahead of Earnings
Investopedia· 2024-04-22 20:45
Key TakeawaysThe S&P 500 jumped 0.9% on Monday, April 22, 2024, notching its first positive day in more than a week after six straight losing sessions.Ford shares pushed higher amid initiatives to boost EV sales and following a unionization vote by Volkswagen workers.Shares of Cardinal Health fell after the firm announced it would not renew a drug distribution contract with OptumRX. Major U.S. equities indexes moved higher, kicking off the new trading week in positive territory after concerns about persiste ...
Ford Stock Earnings Preview: You'll Be Crying if You're Not Buying
InvestorPlace· 2024-04-22 18:17
While Ford (NYSE:F) is a worthy contender in the electric vehicle industry, it still has to contend with Tesla (NASDAQ:TSLA). Yet, Ford stock investors can relax and stay in the trade. Ford is taking prompt action to stay competitive, and the iconic automaker should be able to reel in some reluctant EV buyers. Furthermore, there’s an imminent event that will give Ford a chance to surprise the skeptics and short sellers. The expectations aren’t particularly high – but then, that’s exactly why Ford can pass w ...
GM vs F: Which Stock Looks More Promising Ahead of Q1 Earnings?
Zacks Investment Research· 2024-04-22 14:26
The earnings season shifts into high gear this week, with a host of companies scheduled to unveil quarterly results. We will soon be hearing from two legacy automakers — General Motors (GM) and Ford (F) . GM will release its first-quarter 2024 results tomorrow, while Ford will report on Apr 24. While GM topped earnings estimates in each of the trailing four quarters, F surpassed estimates in three and missed in one. Ahead of their upcoming reports, let's analyse how these stalwarts stand. While both compani ...
The 5 Worst Ford Explorer Years To Avoid and 5 Years to Own
24/7 Wall Street· 2024-04-20 16:38
The 5 Worst Ford Explorer Years To Avoid and 5 Years to Own jetcityimage / iStock Editorial via Getty Images First released in 1991, the Ford Explorer is one of the most popular SUVs on the market today. Ford has even gone as far as to say the Ford Explorer is the most popular SUV of all time. For Ford, creating a quality vehicle like the Explorer will earn long-term repeat customers, something Ford (NYSE:F) needs to keep pace with a growing list of strong competitors. Ford’s stock has been trading sidewa ...