Ford: share under pressure after disappointing forecasts
(CercleFinance.com) - The Ford share is down 1.
9% this Wednesday, with investors reacting to the group's disappointing estimates.
A few hours ago the carmaker announced that it was expecting 2017 EPS of 1.95 dollar, or 1.78 dollar in adjusted terms, while analysts were looking for 1.83 dollar.
For 2018, Ford expects EPS of between 1.45 dollar and 1.7 dollar excluding extraordinary items. This is a wide range, against a consensus of 1.62 dollar.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
9% this Wednesday, with investors reacting to the group's disappointing estimates.
A few hours ago the carmaker announced that it was expecting 2017 EPS of 1.95 dollar, or 1.78 dollar in adjusted terms, while analysts were looking for 1.83 dollar.
For 2018, Ford expects EPS of between 1.45 dollar and 1.7 dollar excluding extraordinary items. This is a wide range, against a consensus of 1.62 dollar.
Copyright (c) 2018 CercleFinance.com. All rights reserved.