Previous close | 12.95 |
Open | 12.85 |
Bid | 13.04 x 21500 |
Ask | 13.05 x 3200 |
Day's range | 12.63 - 13.18 |
52-week range | 9.63 - 15.42 |
Volume | |
Avg. volume | 54,452,632 |
Market cap | 51.816B |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | 12.07 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.60 (4.63%) |
Ex-dividend date | 15 Feb 2024 |
1y target est | N/A |
Ford (F) reported its first-quarter earnings after the bell on Wednesday afternoon, beating estimates with $42.8 billion in revenue against an expected $40.04 billion. The automaker also reported commercial revenue jump 36% but saw EV sales decline. Yahoo Finance Reporter Pras Subramanian joins The Morning Brief to break down the numbers from Ford and what it means for investors moving forward. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
Ford reported first quarter results after the bell that beat expectations on Wednesday, with its changing product game plan front and center along with its focus on gas and hybrid offerings.
Ford announced better-than-expected first-quarter earnings even as revenue came in below predictions late Wednesday. The company also revised aspects of its 2024 outlook as its expects continued losses from its EV segment.