
Shares in Ford Motor F.N up ~1% on Tuesday ahead of quarterly report due out after market close
Wall Street analysts on average see the carmaker reporting Q4 adj EPS of $0.19 vs $0.39 in year-ago quarter on rev of $41.83 bln, which would be down 6.9% from $44.94 bln year ago according to latest data from LSEG
In last 8 quarters, Ford's EPS has handily beaten expectations 7 times with a ~31% miss in Q2 2024 while rev also beating 7 times, but coming in less than 1% lower than consensus in Q1 2024
In December Ford warned it would take a $19.5 billion writedown as it announced it was killing several electric-vehicle models, in a retreat from battery-powered models in response to Trump administration's policies and weakening EV demand. Co announced a hard pivot into gas, hybrid models
In October, Ford had cut its annual profit guidance, citing fallout from a fire at a critical aluminum supplier, expected to crimp production of some lucrative vehicles through year-end
Stock last traded at $13.73 vs median PT of $13.50 up from $13.25 a month ago as per LSEG, which shows 23 analyst ratings: 1 'strong buy,' 2 'buy,' 18 'hold,' 1 'sell,' 1 'strong sell'
YTD Ford shares up 4.6% vs 2.2% decline for S&P 500 consumer discretionary index .SPLRCD