Ford Motor Company Earnings: Keeping the Profitability Streak Alive

Ford Motor Company (NYSE: F) announced its results for the second quarter on July 26, 2011. Let's take a closer look at the company's industry, financials, and commentary and see what steps you can take next.

Earnings and Revenue:
Ford Motor Company managed to exceed Wall Street estimates with stronger-than-expected EPS and revenues. The company reported adjusted EPS of 65 cents/share versus the 60 cents/share estimate and revenues of $35.5 billion versus the $31.57 billion estimate. EPS rose 6.6% while revenue climbed 1.2% from the same period last year.

Ford Motor Company's revenue has now risen for two straight quarters. In the first quarter, revenue increased 4.9% to $33.11 billion from the year earlier quarter.

Income:
For the year, Ford Motor Company reported net income of $2.05 per share. The company fells short of analysts projections of $2.09. According to the reported number, the company's income fell 7.7% from last year's levels.

Conference Call:
The conference call for second quarter earnings can be accessed here.

Official Comment:
"We delivered very good second quarter results while growing the business globally and serving more customers in every region," said Alan Mulally, Ford president and CEO. "Despite an uncertain business environment, we further strengthened our balance sheet and continued to invest for the future."

Industry:
Ford Motor Company's industry, domestic automobiles, is currently reporting price/earnings growth of 0.9%. With its recently reported EPS, the company is trailing the industry's estimate average by 85.2%.

What to Do Next:
Now you're all set to decide what to do with those Ford Motor Company shares until the next earnings announcement. Whether you buy, sell or hold, check back with before the company's next earnings release for a full preview.

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