Ford Motor Co. (NYSE:F) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are up 1.05%.
Ford Motor Co. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased 5.13% to $0.41 in the quarter versus EPS of $0.39 in the year-earlier quarter.
Revenue: Rose 4.48% to $33.9 billion from the year-earlier quarter.
Actual vs. Wall St. Expectations: Ford Motor Co. reported adjusted EPS income of $0.41 per share. By that measure, the company beat the mean analyst estimate of $0.38. It beat the average revenue estimate of $33.74 billion.
Quoting Management: “Our strong first quarter results provide further proof that our One Ford plan continues to deliver,” said Alan Mulally, Ford president and CEO. “Our plan remains centered on serving customers in all markets around the world with a full family of vehicles — small, medium and large; cars, utilities and trucks — each with the very best quality, fuel efficiency, safety, smart design and value.”
Key Stats (on next page)…
Revenue decreased 6.93% from $36.42 billion in the previous quarter. EPS increased 32.26% from $0.31 in the previous quarter.
Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.4 to a profit $0.36. For the current year, the average estimate has moved down from a profit of $1.46 to a profit of $1.39 over the last ninety days.
Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)