Ford Delivers Third Quarter $1.0B Net Income; $1.7B Adj. EBIT; On Track to Achieve Full-Year Adjusted EPS Guidance in the Range of $1.30 to $1.50

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Ford Motor (F) tops Q3 EPS by 1c; will not reach its previously announced 8% EBIT margin or high teens ROIC targets by 2020

October 24, 2018 4:18 PM EDT

Ford Motor (NYSE: F) reported Q3 EPS of $0.29, $0.01 better than the analyst estimate of $0.28. Revenue for the quarter came in at $37.6 billion versus the consensus estimate of $33.3 billion.

This quarter we achieved a North America EBIT margin of nearly 9% and the best quarterly result in Ford Credit in more than... More