3 Things to Watch When Ford Motor Company Reports Earnings
Ford Motor Company (NYSE: F) will report its second-quarter earnings result before the U.S. markets open on Wednesday, July 26. Here's a quick preview and a look at three things to watch as Ford's earnings report unfolds on Wednesday morning.
Wall Street thinks that Ford's second-quarter earnings will fall from a year ago. In the second quarter of 2016, Ford earned $0.52 per share, excluding special items, on revenue of $39.5 billion. This time around, Wall Street analysts are expecting Ford's earnings, again excluding any special items, to come in at $0.43 per share on revenue of $37.13 billion, on average, in polling conducted by Thomson Reuters.
Sedan sales were off sharply, but U.S. sales of Ford's highly profitable F-Series pickups rose 7.4% in the second quarter. Image source: Ford Motor Company.
Source: Fool.com
Ford Motor Co. Stock
We see a rather positive sentiment for Ford Motor Co. with 13 Buy predictions and 2 Sell predictions.
With a target price of 14 € there is a positive potential of 23.81% for Ford Motor Co. compared to the current price of 11.31 €.
