Ford Motor (F) Misses Q4 EPS by 3c, Revs Beat

Ford Motor (NYSE: F) reported Q4 EPS of $0.12, $0.03 worse than the analyst estimate of $0.15. Revenue for the quarter came in at $39.7 billion versus the consensus estimate of $36.49 billion.

• Full-year operating cash flow up, adjusted free cash flow flat
• Automotive EBIT for 2019 declined; benefits of Global Redesign and Fitness initiatives evident in lower Automotive structural costs and other underlying operating improvements
• Product mix and net pricing strong in most regions, led by North America, with a sharper focus on franchise strengths, especially trucks, SUVs and commercial vehicles
• Extensive new-product introductions, featuring electric commercial and passenger vehicles, and investments in smart-vehicle capabilities continuing through and beyond 2020
• For full-year 2020, Ford expects adjusted free cash flow of $2.4 billion to $3.4 billion, and adjusted EBIT of $5.6 billion to $6.6 billion

For earnings history and earnings-related data on Ford Motor (F) click here.

You May Also Be Interested In

• Ottawa weighs proposal on auto tariffs as it presses U.S. for reprieve - Globe and Mail
• LENSAR, Inc. (LNSR) Tops Q2 EPS by 31c
• Fermi Inc. (FRMI) Reports Q2 Loss of $0.04