The Ford Exhibition Area was on display on January 10, 2025 at the 2025 Detroit Auto Show at Huntington Square in Detroit, Michigan.
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Detroit – Ford electric motor Its fourth-quarter earnings will be reported after Wednesday’s bell.
According to the average estimate compiled by LSEG: This is what Wall Street expects.
- Earnings per share: Adjusted 33 cents
- Car revenue: $43.02 billion
These results will mark a 0.5% decline in auto revenue, while adjusted earnings per share increased by 13.8% a year ago.
Ford 2024 Fourth Quarter Included is $43.2 billion in auto revenue, a net loss of $526 million, or 13 cents per share, and adjusted $1.05 billion, or 29 cents per share before interest and taxes.
Detroit automakers are under pressure to perform after Crosstown rivals General motor The fourth quarter expectations on Wall Street were easy and said its 2025 guidance matched analyst expectations.
Ford’s poor performance last year was largely due to unexpected warranties and recall issues that plagued the company’s earnings. In the issue, the automaker’s stock fell nearly 20% in 2024, with Ford CEO Jim Farley promising to correct it.
Detroit’s “Big 3” Automaker Stocks
Farley told reporters last month: “I’m very excited about this year because it’s an opportunity for Ford, like the ’07 and ’08 in ’08, to take our future in our own hands and be like we should Performance financially. ” “It’s all in our team.”
Ford may also seek to solve the 10% extra tariff About goods from China, e.g. Lincoln Nautilus of the automakerwill affect the business and Potential tariffs 25% of Canadian and Mexican goods.
Farley said last month that Ford’s business in China is roughly profitable $600 million last year Despite challenging market conditions. These include exports from China to other countries.
Although GM’s revenue exceeded expectations last week, automakers’ stocks have One of the worst days in years After the results were announced, investors’ concerns about potential tariffs were not addressed.
This is a sudden news. Please check it for updates.
