Market Overview

UPDATE: Ford Posts Upbeat Q4 Profit

Share:
Related F
Mid-Day Market Update: Friday's Top 10 Volume Stocks
Mid-Day Market Update: Wednesday's Top Volume Stocks
Ford: Profitability Will Drive The Stock Price (Seeking Alpha)

Ford Motor Co (NYSE: F) reported a better-than-expected fourth-quarter net profit.

Ford's quarterly profit came in at $1.6 billion, or $0.40 per share. Its revenue climbed to $36.5 billion, from $34.6 billion.

Its adjusted earnings rose to $0.31 per share from $0.20 per share. However, analysts were expecting earnings of $0.25 per share on revenue of $33.5 billion.

Ford shares fell 1.52% to $13.57 in pre-market trading.

Posted-In: profitEarnings News

 

Related Articles (F)

Get Benzinga's Newsletters