|Bid||11.42 x 22600|
|Ask||11.43 x 11000|
|Day's Range||11.29 - 11.53|
|52 Week Range||10.14 - 13.48|
|PE Ratio (TTM)||6.00|
|Earnings Date||Jul 25, 2018|
|Forward Dividend & Yield||0.60 (5.27%)|
|1y Target Est||12.34|
Confirming what has long been suspected, Ford today announced in its quarterly financial report that it will not invest in a next-generation of sedans for North America.
5GAA, Audi, Ford and Qualcomm Showcase C-V2X Direct Communications Interoperability to Improve Road Safety
Fiat Chrysler Automobiles (FCAU) reported its first-quarter results today before the US market opened. With the company’s 2% rise in revenues, it managed to report solid growth of 55% YoY (year-over-year) in net profits for the quarter. FCAU’s 1Q18 adjusted earnings were at 0.66 euros or ~$0.80 per share, up 54% YoY and at par with Wall Street analysts’ consensus of 0.66 euros per share. Fiat Chrysler stock had risen to $24.15 with 2.9% gains from the previous close in the pre-market trading session as of 8:55 AM EST.
Ford's Buffalo Stamping Plant has been on a years-long growth surge because it makes components for Ford's popular SUV and trucks.
A strong job market and tax reforms drive consumer demand, which in turn aids sales. However, auto companies face plenty of problems as well.
In 1963, the US launched what remains among the biggest trade barriers on its books: a 25% tariff on foreign trucks, in retaliation against European duties on American chickens. Now, you might say, the effects of this infamous “Chicken Tax” have come home to roost. Ford, the company that pioneered the planet’s first mass-market car,…
The Italian-American auto maker said it was on track to meet its growth targets for the year, including a pledge to pay off its rapid declining net industrial debt load. Fiat Chrysler’s fourth-quarter net profit came to €1.02 billion ($1.24 billion), even as revenue fell 2% to €27 billion.
Ford Motor Co. said Wednesday it will stop investing in sedans in North America, bowing to U.S. drivers’ seemingly never-ending zest for crossovers and pickup trucks. Ford (XNYS:F) shifted focus on “building a winning portfolio” of vehicles, by which it meant no more of its slow-selling sedans at least for North America. U.S. drivers have gravitated to SUVs and pickup trucks for years, thanks in part to these vehicles’ relative fuel economy improvements and price drops.
Ford Motor Company (F), one of the top two US automakers, announced its 1Q18 results on April 25. In 1Q18, Ford’s adjusted EPS (earnings per share) stood at $0.43, about 7.5% higher than the company’s adjusted earnings of $0.40 per share in the same quarter of 2017. However, its EPS was also better than Wall Street analysts’ estimate of $0.41 for 1Q18. Let’s take a closer look at how Wall Street reacted to Ford’s first-quarter earnings.
Yahoo Finance's Alexis Christoforous and Jared Blikre break down the latest market action after Twitter reported first quarter earnings, beating Wall Street expectations but also warning on the earnings call of slower revenue growth the rest of 2018.