Leading automotive company Ford Motor Co (NYSE:F) will report fourth-quarter financial results after market close on Tuesday, Feb. 6, 2024.
Here’s a look at the key estimates from analysts for the fourth quarter, what analysts are saying and key items for investors to watch.
Earnings Estimates: Analysts expect Ford to report fourth-quarter revenue of $40.142 billion, according to estimates from Benzinga Pro.
The revenue estimate would mark a decline from the previous year’s $44.00 billion reported in the fourth quarter.
Ford has beaten revenue estimates from analysts in six of the last seven quarters.
Analysts expect Ford to report earnings per share of 13 cents for the fourth quarter, which would be a decline from the comparable 51 cents per share in last year’s fourth quarter. Ford has a mixed history with earnings per share estimates in recent quarters, beating estimates three times, missing estimates three times in six of the last seven quarters.
Ford withdrew its guidance during its third-quarter financial results, citing the unknown impact of the UAW strike.
Related Link: Ford Deal With UAW: How Do Pay Raises Compare To Hollywood Writers, Other Recent Union Wins?
What Analysts Are Saying: Analysts have been less bullish on Ford in recent months heading into the …
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