Ford Motor Beats
Ford Motor (F) reported 2nd Quarter June 2022 earnings of $0.68 per share on revenue of $40.2 billion. The consensus earnings estimate was $0.43 per share on revenue of $34.3 billion. The Earnings Whisper number was $0.39 per share. Revenue grew 50.2% on a year-over-year basis.
The company said it continues to expect Adjusted EBIT of $11.5 billion to $12.5 billion for the year ending December 31, 2022.
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 Achieves Solid Second-Quarter 2022 Operating Results, While Organizing, Deploying Toward Ambitious Ford+ Future
DEARBORN, Mich.--(BUSINESS WIRE)--Ford Motor Company (NYSE:F) today reported its 2022 second 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 5:00 p.m. ET. The call will feature Jim Farley, president and CEO; John Lawler, 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/20220727006059/en/
About Ford Motor Company
Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with customers to enrich experiences for and deepen the loyalty of those customers. Ford develops and delivers innovative, must-have Ford trucks, sport utility vehicles commercial vans and cars and Lincoln luxury vehicles, as well as connected services. Additionally, Ford is establishing leadership positions in mobility solutions, including self-driving technology, and provides financial services through Ford Motor Credit Company. Ford employs about 182,000 people worldwide. More information about the company, its products and Ford Credit is available at corporate.ford.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220727006059/en/
Lynn Antipas Tyson
Source: Ford Motor Company