Will Ford's Q3 Earnings Crush Wall Street's Estimates Again?

Ford Motor Company (NYSE: F) will report its third-quarter results after the U.S. markets close on Wednesday, Oct. 27. What should we expect?

Wall Street analysts polled by Thomson Reuters expect Ford to report adjusted earnings per share of $0.26 on automotive revenue of $33.04 billion. That would be a decline from the third quarter of 2020, when Ford generated $0.42 in adjusted earnings per share on automotive revenue of $34.7 billion. 

(For those new to investing in automakers, here's your key to the jargon: "Adjusted" figures exclude one-time charges and credits, to make year-over-year comparisons more straightforward. "Automotive" revenue excludes revenue from Ford Credit, the company's financial-services subsidiary, which helps us compare Ford's results to those from other automakers.)

Continue reading

Source Fool.com