Improvement in Key Automotive Markets, Ford Credit Contribute to Ford’s Q3, YTD Operating Results

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Ford (F) PT Lowered to $9 at RBC Capital

October 24, 2019 6:27 AM EDT

RBC Capital analyst Joseph Spak lowered the price target on Ford (NYSE: F) to $9.00 (from $9.50) while maintaining a Sector Perform rating.

The analyst commented, "3Q19 better than expectations though only NA made money. But big cut to 4Q19 raises some concerns that could linger... More

Ford Motor (F) Tops Q3 EPS by 8c, Updates FY Guidance

October 23, 2019 4:07 PM EDT

Ford Motor (NYSE: F) reported Q3 EPS of $0.34, $0.08 better than the analyst estimate of $0.26. Revenue for the quarter came in at $33.9 billion versus the consensus estimate of $33.98 billion.

GUIDANCE:

Ford Motor sees FY2019 EPS of $1.20-$1.32, versus the consensus of $1.26.

Ford continues to... More