Ford Motor Co reports results for the quarter ended June 30 - Earnings Summary
I'm PortAI, I can summarize articles.
Ford Motor Co reported adjusted earnings of 37 cents per share for the quarter ended June 30, down from 47 cents a year ago, but above analysts' expectations of 33 cents. Revenue increased by 4.8% to $46.94 billion, surpassing the expected $43.21 billion. The company reported a loss of 1 cent per share and a quarterly loss of $36 million. Analyst ratings are mixed, with a consensus recommendation of "hold" and a median 12-month price target of $10.50, slightly below the last closing price of $10.87.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments