Ford Motor (F) Misses Q2 EPS by 8c; Sees Risk to Year View

(Updated - July 28, 2016 7:16 AM EDT)

Ford Motor (NYSE: F) reported Q2 EPS of $0.52, $0.08 worse than the analyst estimate of $0.60. Revenue was $39.5 billion, versus the consensus of $36.3 billion.

“We delivered another strong quarter –one of our best second quartersever –and record pre-tax profits forthe first half of this year. We remaincommitted to delivering another fullyear of strong profitability, even as weaddress some new risks and marketchallenges around the world.” - Mark Fields, President & CEO

• Automotive segment operating cash flow of $4.2B,an all-time quarterly record
• Automotive segment pre-tax profit of $2.8B, down $130M; regions outside North America collectively also were profitable for third consecutive quarter
• Automotive segment operating margin 7.7 percent„
• Europe delivered $467M pre-tax profit, nearly triple year ago results, best ever second quarter„
• Ford Credit continued to deliver solid results

On the 2016 outlook, the company said it now sees risks challenging achieving guidance.

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

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