Ford Delivers First Quarter $1.7B Net Income, $2.2B Adj. EBIT; Fitness Actions Improve 2020 Outlook
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UPDATE: Ford Motor (F) tops Q1 EPS by 2c, plans to reduce cumulative capital spending by $5 billion over 2019 - 2022
April 25, 2018 4:18 PM EDT(Updated - April 25, 2018 4:20 PM EDT)
Ford Motor (NYSE: F) reported Q1 EPS of $0.43, $0.02 better than the analyst estimate of $0.41. Revenue for the quarter came in at $42 billion, may not compare to consensus estimate of $37.16 billion.
In addition, the company announced that its fitness initiatives are driving an improved outlook. Ford is now targeting an 8 percent adj. EBIT margin in 2020, two years earlier than... More
