Ford (NYSE:F) is scheduled to announce Q3 earnings results on Thursday, October 23rd, after market close, with tariffs, EV losses, and shrinking margins back in the spotlight.
The consensus EPS estimate is $0.36 (-26.5% Y/Y), and the consensus revenue estimate is $43.86B (+1.8% Y/Y).
In Q3, GM (GM) might have a slight edge on Ford, which could only surprise us if its Pro division delivers outstanding profitability metrics, Seeking Alpha analyst Luca Socci argues.
“But, with the electric market cooling down, Ford is set to take a greater hit than GM, and this could impact how investors weigh the earnings of the two largest North American automakers.”
Ford is already facing $2B in tariff-related costs and $5B in losses from its electric vehicle unit this year.
“My current position in Ford shares is modest; therefore, a dramatic decline triggered by an event such as Ford cutting its dividend, or external factors, such as an unexpected decline in car sales, would not have a major overall impact on my portfolio,” another Seeking Alpha author writes.
Over the last 2 years, F has beaten EPS estimates 75% of the time and has beaten revenue estimates 75% of the time.
Over the last 3 months, EPS estimates have seen 9 upward revisions and 5 downward. Revenue estimates have seen 7 upward revisions and 2 downward.
Looking at Seeking Alpha’s Quant Ratings, the company has a Hold rating with a score of 3.42 out of 5.
Recent earnings analysis from our contributors: Earnings Preview: Who Will Do Better Between Ford And GM? My Money Is On GM