Ford Non-GAAP EPS of $0.49 beats by $0.02, revenue of $43.07B beats by $1.12B
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Contributor since / Followers
Contributor since / Followers
2 months ago
- Ford press release (NYSE:F): Q3 Non-GAAP EPS of $0.49 beats by $0.02.
- Revenue of $43.07B (+4.6% Y/Y) beats by $1.12B.
- Ford Pro revenue increases 13%; Ford Pro Intelligence paid software subscriptions up30% to nearly 630,000 users
- Full-Year 2024 OutlookFord now expects adjusted EBIT of about $10 billion with adjusted free cash flow between$7.5 billion and $8.5 billion. Capital expenditures are expected to be between $8 – $8.5 billion.Full-year EBIT for Ford Pro is now expected to be about $9 billion, Ford Blue about $5 billion,and Model e a full-year loss of about $5 billion. Earnings before taxes from Ford Credit are nowexpected to be about $1.6 billion.
- Shares -3%.