Ford Reports Record Third Quarter Pre-Tax Profit; Net Income Up 129%
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Tax-Related Miss Blamed for Decline in Ford Motor (F) Shares; UBS Cuts Price Target to $22
October 28, 2015 11:31 AM EDTUBS maintained a Buy rating on Ford (NYSE: F), and cut the price target to $22.00 (from $23.00), following the company's 3Q earnings results. Ford shares fell ~5% after todays tax-related miss.
Analyst Colin Langan commented, "The reaction likely reflects the higher tax forecast & a... More
Ford Motor (F) Posts Q3 EPS of 45c, Missing Views
October 27, 2015 7:10 AM EDTFord Motor (NYSE: F) reported Q3 EPS of $0.48, in-line with the analyst estimate of $0.48. Revenue for the quarter came in at $38.1 billion versus the consensus estimate of $35.44 billion.
The Ford team delivered an outstanding quarter with record third quarter profit, best quarter ever for North... More
