Ford Motor Company Third Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Ford Motor Company (NYSE:F) will unveil its latest earnings on Wednesday, October 26, 2011. Ford is an automaker that sells its cars and trucks throughout the world.

Ford Motor Company Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 45 cents per share, a decline of 6.2% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 38 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at 45 cents during the last month. For the year, analysts are projecting profit of $1.89 per share, a decline of 3.6% from last year.

Past Earnings Performance: The company is looking to beat analyst estimates for the third quarter in a row. Last quarter, it beat estimates with net income of 65 cents per share against the mean estimate of 60 cents. In the prior quarter, the company reported profit of 62 cents.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 11.8% in revenue from the year-earlier quarter to $29.86 billion.

Analyst Ratings: nine out of 14 analysts surveyed (64.3%) have a buy rating on Ford Motor Company.. This is below the mean analyst rating of 10 competitors, which average 70.5% buy ratings.

A Look Back: In the second quarter, profit fell 7.7% to $2.4 billion (59 cents a share) from $2.6 billion (61 cents a share) the year earlier, but exceeded analyst expectations. Revenue rose 1.3% to $35.53 billion from $35.07 billion.

Key Stats:

The decrease in profit in the second quarter came after net income rose in the previous quarter. In the first quarter, net income rose 22.4%.

The company’s revenue has risen for two straight quarters. In the first quarter, the figure rose 4.9%.

Competitors to Watch: General Motors Company (NYSE:GM), Toyota Motor Corp. (NYSE:TM), Honda Motor CO., Ltd. (NYSE:HMC), AutoZone (NYSE:AZO), CarMax (NYSE:KMX), Tesla Motors Inc (NASDAQ:TSLA), Tata Motors Limited (NYSE:TTM), Spartan Motors (NASDAQ:SPAR) and Navistar Intl. Corp. (NYSE:NAV).

Stock Price Performance: During September 22, 2011 to October 20, 2011, the stock price had risen $2.08 (21.6%) from $9.62 to $11.70. The stock price saw one of its best stretches over the last year between December 30, 2010 and January 10, 2011 when shares rose for eight-straight days, rising 9.7% (+$1.62) over that span. It saw one of its worst periods between April 26, 2011 and May 5, 2011 when shares fell for eight-straight days, falling 3.7% (-58 cents) over that span. Shares are down $5.09 (-30.3%) year to date.

(Source: Xignite Financials)

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