Cars and Drivers
Ford's Third-Quarter Revenue Was $43.8 Billion Last Year
Published:
Last Updated:
24/7 Wall St. Insights
- If Ford Motor Co. (NYSE: F) surprises Wall Street with third-quarter results, shares will almost certainly rally to above $12.
- If it disappoints, the stock will almost certainly sell down to $10.
- Also: Dividend legends to hold forever.
In the third quarter of last year, Ford Motor Co. (NYSE: F) had revenue of $43.8 billion. Its per-share earnings were $0.30 ($0.39 non-GAAP). Ford management said it had lost $100 million in production during the quarter. Its troubled Model e EV segment had an EBIT loss of $1.3 billion. Ford will need to improve in the quarter it is about to announce.
According to Yahoo Finance, the average analyst expectation for third-quarter revenue is $41.9 billion, and the average EPS estimate is $0.47. If Ford beats those handily, its shares, down 9% this year compared to the S&P 500’s increase of 23%, will almost certainly rally to above $12. The price is $11.7 now.
If Ford misses the anticipated numbers badly and its EV business posts another huge loss, the stock will almost certainly sell down to $10.
Ford has three hurdles when it announces its numbers. The first is that warranty losses are low—it has been plagued by a high figure. The next is that its EV business improves financially, and the last is the extent to which the UAW has damaged its numbers.
Ford has a fighting chance at a good quarter. If its EV losses have improved, and it signals a good fourth quarter, Wall Street’s impression of the company could change.
Ford Price Prediction and Forecast 2025-2030
The #1 Thing to Do Before You Claim Social Security (Sponsor)
Choosing the right (or wrong) time to claim Social Security can dramatically change your retirement. So, before making one of the biggest decisions of your financial life, it’s a smart idea to get an extra set of eyes on your complete financial situation.
A financial advisor can help you decide the right Social Security option for you and your family. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.
Click here to match with up to 3 financial pros who would be excited to help you optimize your Social Security outcomes.
Have questions about retirement or personal finance? Email us at [email protected]!
By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.
By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
