Ford: Q3 EPS up 30%
(CercleFinance.com) - Ford reports adjusted EPS (non-GAAP) of $0.
39 for Q3 2023, up 30% from $0.30 a year ago, with adjusted EBIT of $2.2bn, representing a 0.4-point improvement in its margin to 5%.
The car maker's revenues rose 11% to $43.8bn, on flat y-o-y sales volumes of almost 1.09 million vehicles, implying that the group maintained its market share at 4.9%.
Note that the Dearborn, Michigan-based group has withdrawn its full-year targets, pending ratification of the tentative agreement reached this week with the United Auto Workers (UAW) union.
Copyright (c) 2023 CercleFinance.com. All rights reserved.
39 for Q3 2023, up 30% from $0.30 a year ago, with adjusted EBIT of $2.2bn, representing a 0.4-point improvement in its margin to 5%.
The car maker's revenues rose 11% to $43.8bn, on flat y-o-y sales volumes of almost 1.09 million vehicles, implying that the group maintained its market share at 4.9%.
Note that the Dearborn, Michigan-based group has withdrawn its full-year targets, pending ratification of the tentative agreement reached this week with the United Auto Workers (UAW) union.
Copyright (c) 2023 CercleFinance.com. All rights reserved.