Ford: just misses consensus in Q4
(CercleFinance.com) - On Wednesday evening Ford announced a net loss of 0.
1 billion dollars for Q4 2018, or three cents per share.
In adjusted terms, the group posted EPS of 30 cents, just one cent below the consensus.
The car maker saw its adjusted operating margin contract by 1.4 point to 3.5%, for revenue up that is up 1% at 41.8 billion dollars, thanks to an improved mix and higher net prices.
Over the FY 2018, the Dearborn (Michigan) based group has seen its adjusted EPS fall 27% to 1.30 dollar, in line with its preliminary estimate provided last week, for sales that are up 2% at 160.3 billion dollars.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
1 billion dollars for Q4 2018, or three cents per share.
In adjusted terms, the group posted EPS of 30 cents, just one cent below the consensus.
The car maker saw its adjusted operating margin contract by 1.4 point to 3.5%, for revenue up that is up 1% at 41.8 billion dollars, thanks to an improved mix and higher net prices.
Over the FY 2018, the Dearborn (Michigan) based group has seen its adjusted EPS fall 27% to 1.30 dollar, in line with its preliminary estimate provided last week, for sales that are up 2% at 160.3 billion dollars.
Copyright (c) 2019 CercleFinance.com. All rights reserved.