Ford Motor 2Q Earnings Pregame Scorecard
Last quarter Ford Motor (NYSE:F) beat estimates by 4 cents per share and it is up again on Wednesday, July 25, 2012.
Analysts currently expect Ford Motor to come in with earnings of 28 cents per share on revenues of $32.19 billion. Analysts gave estimates ranging from earnings per share to earnings per share. Over the past three months, the average estimate has moved down from 41 cents.
The stock price has been falling recently The share price has fallen $1.19 since June 6, 2012. Looking at change over the last three months, April 23, 2012 and July 18, 2012, the stock price fell $1.97 (-17.4%), from $11.35 to $9.38.
Company Fundamental Trends While last quarter's drop snapped a string of revenue increases, the company will look to right itself during the upcoming earnings period. Revenue rose 1.3% in the second quarter of the last fiscal year, 10.6% in the third quarter of the last fiscal year and 6.6%in the fourth quarter of the last fiscal year before dropping in the first quarter. Profit has increased by a year-over-year average of 1752.6% for the last four quarters, as the company has experienced a string of success recently.
Analysts are bullish on the stock as eight analysts rate it as a buy and only one analyst rate it as a sell.
Last Quarter's Results
In the first quarter, profit fell 45.3% to $1.4 billion (35 cents a share) from $2.55 billion (61 cents a share) the year earlier, but exceeded analyst expectations. Revenue fell 2% to $32.45 billion from $33.11 billion.
Reporting Period: 2Q
Date of Release: Wednesday, July 25, 2012
EPS: 28 cents
Revenue Estimate: $32.19 billion
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)