Ford Q2 Earnings Report
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Ford q2 earnings report. Ford shares plunged wednesday after the automaker reported second quarter earnings that were short of expectations and issued a disappointing forecast for the year. Analysts expect ford to swing to a net loss of 10 cents a share from eps of 44 cents a year ago according to zacks investment research. Ford which has slashed. Ford motor company announces details for q2 2020 earnings conference call.
The company managed to report a net profit of 1 1 billion during the second quarter including a 3 5 billion gain on a previous investment in autonomous vehicle startup argo ai. Ford was expected to report a loss of 1 18 per share and revenue of 15 93 billion. Tesla q2 2020 earnings report shows fourth consecutive profitable quarter. Download pdf format opens in new window pdf 599 kb.
Automotive revenue is seen. The market expects the company to report. Ford earnings report estimates. It s impressive that the carmaker was able to make money despite factory shutdowns and the coronavirus related economic.
Analysts expect ford to swing to a net loss of 1 27 a share from eps of 32 cents a year ago according to zacks investment research. Ford stock fell late. But the automaker reported a second quarter loss of 35 cents per share adjusted or a profit of 28 cents per. Ford motor company shareholder relations p o.