24.04.2024 22:47:54 - dpa-AFX: Ford Motor Co Q1 Profit Decreases, but beats estimates

DEARBORN (dpa-AFX) - Ford Motor Co (F) released earnings for first quarter
that decreased from the same period last year but beat the Street estimates.

The company's earnings came in at $1.33 billion, or $0.33 per share. This
compares with $1.76 billion, or $0.44 per share, in last year's first quarter.

Excluding items, Ford Motor Co reported adjusted earnings of $1.99 billion or
$0.49 per share for the period.

Analysts on average had expected the company to earn $0.42 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 3.2% to $42.78 billion from $41.47
billion last year.

Ford Motor Co earnings at a glance (GAAP) :

-Earnings (Q1): $1.33 Bln. vs. $1.76 Bln. last year.
-EPS (Q1): $0.33 vs. $0.44 last year.
-Revenue (Q1): $42.78 Bln vs. $41.47 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
FORD MOTOR DL-,01 502391 Xetra 11,258 10.05.24 11:29:59 -0,032 -0,28% 11,278 11,306 11,284 11,290

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