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July 30, 2020

Ford set to announce Q2 results

Ford is scheduled to announce Q2 earnings results on Thursday, 30 July after US market close.

By Olly Wehring

Ford is scheduled to announce Q2 earnings results on Thursday, 30 July after US market close.

According to investor website seekingalpha.com, The consensus EPS estimate is a loss of US$1.16 and the consensus revenue estimate is $15.63bn, down 56.3% year on year.

Adjusted EBIT of a $4.71bn loss is anticipated, including adjusted EBIT in North America of a loss of $3.09bn.

Seekingalpha.com noted Ford, however, over the last two years, has beaten EPS estimates 38% of the time and beaten revenue estimates 75% of the time.

Over the last three months, EPS estimates have seen three upward revisions and 10 downward.

Revenue estimates have seen two upward revisions and three downward, seekingalpha.com added.

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