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Ford posts massive earnings miss as warranty issues weigh on results

  • Ford Motor Company reported second-quarter revenue of $47.8 billion, a 6% increase from last year, beating estimates of $44 billion from Benzinga Pro.
  • The company's quarterly earnings per share were 47 cents, falling short of the 68 cents expected by analysts.
  • Ford reiterated its full-year fiscal 2024 earnings before interest and taxes guidance, forecasting a range of $10 billion to $12 billion.
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CNBCCNBC

Ford shares tumble 13% after massive earnings miss

The automaker increased its target for free cash flow but maintained its 2024 earnings guidance, disappointing some investors who had hoped for a hike.

·United States
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BenzingaBenzinga

Ford Q2 Earnings Highlights: Revenue Beat, EPS Miss, Transit Vans Hit Record, EV Sales Fall 37% - Ford Motor (NYSE:F)

Automotive giant Ford Motor Company (NYSE:F) reported second-quarter financial results after the market close Wednesday. Here are the key highlights. What Happened: Ford reported second-quarter revenue of $47.8 billion, up 6% year-over-year. The revenue beat a Street consensus estimate of $44 billion according to data from Benzinga Pro. The company reported quarterly earnings per share of 47 cents, missing a Street consensus estimate of 68 cents…

·New York, United States
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Financial TimesFinancial Times

Ford+ On Track for ’24 Profitability, Raises Cash Flow Outlook; Ford Pro Strength, Quality Gains, Hybrid Growth Highlight Q2

The latest company information, including net asset values, performance, holding & sectors weighting, changes in voting rights, and directors and dealings.

·London, United Kingdom
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Investing.comInvesting.com

Ford Motor earnings missed by $0.21, revenue fell short of estimates By Investing.com

Ford Motor earnings missed by $0.21, revenue fell short of estimates

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Market ScreenerMarket Screener

Ford's Q2 adjusted profit falls on EV hit

Ford Motor reported a dip in its second-quarter adjusted profit on Wednesday, as the automaker battles lower profitability in its electric vehicle business. The Detroit automaker earned...

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breakingthenews.netbreakingthenews.net

Ford's Q2 revenue up by 2.9% to $47.8 billion

Ford Motor Company announced on Wednesday that its revenue in the second quarter of fiscal 2024 stood at $47.8 billion, climbing by 2.9% compared to the same period a year prior. Meanwhile, its dilute...

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