Ford beats on first-quarter earnings, stock surges

📆 26/04/2019 01:28:00
📰 BusinessInsider

⏱ Reading Time:
19 sec. here
2 min. at publisher
📊 Quality Score:
News: 11%
Publisher: 51%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Ford posted lower profit for the first quarter but beat analyst estimates as pickup truck sales remained strong in its core US market.

Once again, a strong pickup and SUV market in the US powered Ford's results.Ford on Thursday posted lower profit for the first quarter but beat analysts' estimates as pickup truck sales remained strong in its core US market.

The No. 2 American automaker posted a quarterly net profit of $1.15 billion, or 29 cents per share, down 34 percent from $1.74 billion, or 43 cents per share, a year earlier. Excluding one-time items, Ford earned 44 cents per share, above analysts' average estimate of 27 cents, according to IBES data from Refinitiv.Get the latest Ford stock price

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Écrire un Commentaire

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Ford jumps 8% on strong first-quarter earningsThe quarterly numbers come amid Ford's $11 billion restructuring plan, with an aim to slash costs by $14 billion over the next five years.
La source: CNBC - 🏆 12. / 72 Lire la suite »