Ford Motor Beats
Ford Motor (F) reported a 1st Quarter March 2020 loss of $0.23 per share on revenue of $34.3 billion. The consensus estimate was a loss of $0.10 per share on revenue of $30.1 billion. The Earnings Whisper number was for a loss of $0.35 per share. Revenue fell 14.9% compared to the same quarter a year ago.
Ford Motor Co is engaged in automobile manufacturing business. It produces cars and trucks. Its business is divided into two segments: Automotive and Financial Services.
Ford Protecting People, Preserving Cash, Preparing for Recovery As Pandemic Stops Most Operations, Drives Down Q1 Results
DEARBORN, Mich.--(BUSINESS WIRE)--Ford Motor Company (NYSE:F) today reported its 2020 first quarter financial results. Click here or visit media.ford.com to view the news release. Visit shareholder.ford.com for the slide presentation and access the webcast to the Ford earnings call, which begins at 5 p.m. ET. The call will feature Jim Hackett, president and CEO; Tim Stone, chief financial officer; and other members of the Ford senior management team.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200428005945/en/
About Ford Motor Company
Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification; mobility solutions, including self-driving services; and connected services. Ford employs approximately 188,000 people worldwide. For more information regarding Ford, its products and Ford Motor Credit Company, please visit www.corporate.ford.com.
For news releases, related materials and high-resolution photos and video, visit www.media.ford.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200428005945/en/
Lynn Antipas Tyson
Source: Ford Motor Company