Ford Motor Co reports results for the quarter ended March 31 - Earnings Summary

• Ford Motor Co F.N reported quarterly adjusted earnings of 14 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 49 cents. The mean expectation of twenty analysts for the quarter was for earnings of 2 cents per share. Wall Street expected results to range from -6 cents to 14 cents per share.

• Revenue fell 6.2% to $37.42 billion from a year ago; analysts expected $36.20 billion.

• Ford Motor Co's reported EPS for the quarter was 12 cents​.

• The company reported quarterly net income of $471 million.

• Ford Motor Co shares had risen by 2.5% this quarter and gained 5.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 95.1% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 19 "hold" and 5 "sell" or "strong sell." The average consensus recommendation for the auto & truck manufacturers peer group is also "hold"

• Wall Street's median 12-month price target for Ford Motor Co is $9.00

This summary was machine generated from LSEG data May 5 at 09:05 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)