Ford: misses expectations in Q4
(CercleFinance.com) - Last night Ford announced a net loss of 1.
7 billion dollars for its fourth quarter of 2019, representing -42 cents per share.
In adjusted terms, EPS reached 12 cents, which is still four cents short of the consensus.
The car maker saw its adjusted operating margin contract by 2.3 points to 1.2%, for revenue that is down 5% at 39.7 billion dollars.
Over FY 2019, the group from Dearborn (Michigan) announced adjusted EPS that is down 11 cents at 1.19 dollar.
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