Market Overview

EPS Estimates Falling At Ford, Both On Wall Street & Main Street

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Ford Motor Company (NYSE: F) will announce its first quarter financial results on Tuesday morning, before the market opens.

Estimize provides crowdsourced and analyst earnings estimates. Looking at this data, one thing comes to light: the crowd is considerably more bullish on Ford than Wall Street analysts are.

Wall Street analysts project consensus EPS of $0.25 (on revenue of $34.203 billion), while Main Street expects EPS to come in 12 percent above Wall Street’s estimate, at $0.28 (on revenue of $34.573 billion).

These estimates imply flat growth from earnings of $0.25 per share in the same quarter last year and last quarter’s $0.26.

Related Link: Credit Suisse Prefers Ford Over General Motors Heading Into Q1 Print

The graph below illustrates the company’s history of estimates versus actual earnings:

It's also possible to see how estimates have changed over time:

Related Link: Tesla's Elon Musk Made $37K Last Year, But Didn't Accept It

As the chart shows, both the crowd and specialists have been increasingly pessimistic regarding Ford’s earnings.

Street Talk

Several major Wall Street research firms have weighed in on Ford. Analysts at RBC Capital Markets expect “strong first quarter results on positive North American price and mix along with a lower than initially thought European loss.”

Unlike RBC, Credit Suisse analysts project an in-line quarter. A recent Benzinga article reads: “Ford's outlook has improved since September of last year with a ‘flawless’ F150 launch, solidified pricing and ‘meaningful’ mix shifts. On the other hand, the analyst stated that investors appear to be bracing for a tough quarter, with a reluctance to own shares into the print.”

The analysts said "the positives outweigh the negatives" and notice that the fact that this quarter will be the lowest profit quarter of the year.

Posted-In: Credit Suisse Estimize RBC Capital MarketsAnalyst Color Previews Trading Ideas

 

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