Ford profit beats on commercial sales; EVs still dragging
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Ford (F) PT Raised to $13 at RBC Capital
April 25, 2024 6:41 AM EDTRBC Capital analyst Joseph Spak raised the price target on Ford (NYSE: F) to $13.00 (from $12.00) while maintaining a Sector Perform rating.
The analyst comments "Pro remains one of the best businesses in autos. We worry if EV pricing keeps falling, Model-E losses could... More
Ford (F) earnings top estimates in Q1 amid strength in Pro unit; stock up
April 24, 2024 4:29 PM EDT(Updated - April 25, 2024 3:49 AM EDT)
Ford Motor (NYSE: F) shares rose 2.4% in after-hours trading Wednesday after the automaker reported better-than-expected earnings for the fiscal Q1 2024, while revenue missed estimates.
The company posted first-quarter earnings per share (EPS) of $0.49, which exceeded analysts' expectations of $0.42. Revenue came in at $42.8 billion, slightly below the... More
