Ford sees 1Q earnings top expectations

04:37pm, Wednesday, 24'th Apr 2024
Ford Motor Company (NYSE:F) surpassed expectations in its first-quarter earnings report released after the bell on Wednesday, with a focus on its commercial unit offsetting losses in the electric vehi
In addition to financial results, investors will be watching for progress in CEO Jim Farley's "Ford+" restructuring plan and any changes to its EV rollout.
Pre-market futures are mixed at this hour. Halfway through a week that looks determined to claw back some of the losses incurred over the previous couple weeks, the Dow is giving back -50 points, the
Boeing posted a slimmer loss per share while Thermo Fisher outperformed. Durable Goods performed as expected.
Auto stocks to watch in the stock market today.
Car maker Ford gets granular by reporting numbers for gas-powered vehicles, electric vehicles, and the Ford Pro commercial business.

Ford Stock Hammered by Competitors

07:05am, Wednesday, 24'th Apr 2024
The figures are straightforward. Over the past two years, Ford Motor Co. (NYSE: F) shares have gone down 14%.
Noted in Tesla's letter to investors today was the +130% growth in A.I. training.
Colin Langan, Wells Fargo auto and mobility analyst, joins 'Squawk on the Street' to discuss the analyst's thoughts on General Motors, the expectations coming into this quarter, and more.
Ford believes its Pro commercial business will provide an earnings boost thanks to the power of connectivity, data, and software.
Rivian is offering discounts up to $5,000 on its EVs — and a year of free charging — to customers willing to trade in their gas-powered trucks and SUVs.
Major U.S. equities indexes moved higher, kicking off the new trading week in positive territory after concerns about persistent inflation contributed to a string of losses last week.
While Ford (NYSE: F ) is a worthy contender in the electric vehicle industry, it still has to contend with Tesla (NASDAQ: TSLA ). Yet, Ford stock investors can relax and stay in the trade.
A hidden gem in the Mid-Atlantic region has plenty to brag about, if it could only muster an bit of braggadocio.
GM seems a better pick now compared to F, given its solid earnings history, northbound estimates revisions, compelling valuation, a more manageable debt ratio, better margins, and cost-cut efforts.
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