An Overhauled Ford Prepares to Report Earnings: What to Expect
Start your engines! Ford Motor Company (NYSE: F) is gearing up to report its second-quarter earnings results on Thursday, July 26. Here's a look at what to expect.
Analysts polled by Thomson Reuters expect Ford to report earnings of $0.44 per share for the second quarter, on average, on revenue of $37.01 billion. Both are lower than the $0.52 per share (excluding special items) profit on $39.5 billion in revenue that Ford reported in the second quarter of 2016.
Ford hasn't given specific earnings guidance for the second quarter. But it did tell us that it expects its adjusted pre-tax income to come in at about $9 billion for the full year. That's down about $1.4 billion from the $10.4 billion it earned on the same basis in 2016.
Source: Fool.com
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