Why Ford Stock Is Falling

Ford Motor Company F shares are trading lower by 7.26% to $13.28 Friday morning after the company reported worse-than-expected fourth-quarter adjusted EPS results.

What Happened?

Ford reported fourth-quarter revenue of $44 billion, which beat average analyst estimates of $40.37 billion. The Detroit-based automaker reported quarterly adjusted earnings of 51 cents per share, which missed consensus estimates of 62 cents per share.

Operating cash flow totaled $1.2 billion in the quarter. Adjusted free cash flow came in at $2.4 billion. 

Ford also declared a first-quarter dividend of 15 cents per share, plus a supplemental dividend of 65 cents per share...Read More

According to data from Benzinga Pro, Ford Motor Company has a 52-week high of $18.63 and a 52-week low of $10.61.

Market News and Data brought to you by Benzinga APIs
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewswhy it's moving
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...