Will Ford's Stock Pop After Earnings?
Ford Motor Company (NYSE: F) will report its first-quarter earnings after the market closes today, April 28. Will it meet or beat Wall Street's expectations, or will investors be disappointed?
Wall Street analysts polled by Thomson Reuters expect Ford to report an adjusted profit of $0.21 per share on automotive revenue of $32.23 billion.
That would be a big improvement over Ford's results from a year ago, but not a surprising one. In the midst of the initial COVID-19 outbreak, Ford reported an adjusted loss of $0.23 per share on automotive revenue of $31.34 billion.
Source Fool.com
