Ford Profit Down For Quarter

Ford Motor Co. reported net income was down 7% in the first quarter as profitability in North America and Asia was offset by losses in Europe and South America.

Topics:  ford motor co   north   europe   south   america   profit   quarter   
BING NEWS:
  • Quality woes hurt Ford earnings as GM outlook improves
    Ford CEO Jim Farley said the company avoided about 12 recalls on its flagship F-150 by performing extra quality checks, but one Wall Street firm estimates the delay cost $3 billion in revenue.
    04/26/2024 - 2:59 am | View Link
  • Ford reports $1.3 billion in profit in the first quarter
    Ford reported net income of $1.3 billion in the first quarter, down from $1.8 billion at the same time a year ago. The Dearborn, Michigan-based automaker, which employs thousands of workers in the bistate Calumet Region, brought in $42.8 billion in revenue ...
    04/24/2024 - 1:00 pm | View Link
  • More
BING SEARCH:
  • Ford Q1 2024 Earnings: $1.3B Income On $42.8 Billion Revenue
    By Alex Luft. April 25, 2024 4:20 pm. Sponsored. Ford Q1 2024 earnings were headlined by net income of $1.3 billion on $42.8 billion in revenue. Compared to the first quarter of 2023, the results represent a 24.1 percent increase in net income and a 3.1 percent increase in revenue.
    04/25/2024 - 4:20 pm | View Website
  • Ford tops Q1 earnings expectations, sees full-year profit 'tracking to ...
    Ford also boosted some guidance metrics but not its full-year profit outlook. For the quarter, Ford reported revenue of $42.8 billion, beating estimates of $40.04 billion and up 3% compared to a ...
    04/24/2024 - 12:32 pm | View Website
  • Ford 2023 Earnings
    • Popular products, customer choice across gas, hybrid, electric vehicles drive full-year growth in each customer-centered auto segment; Ford Pro and Ford Blue strongly profitable • Fourth-quarter revenue increased to $46 billion; net loss of $526 million attributable to special items; adjusted EBIT totaled $1.1 billion • Full-year net income...
    04/24/2024 - 5:15 am | View Website
  • Ford’s quarterly profit is up nearly 20% from a year earlier.
    The automaker recorded a profit of $667 million, up from $561 million a year earlier. Its revenue was up substantially, to $40.2 billion from $26.8 billion, thanks to rising vehicle sales and...
    04/24/2024 - 1:12 am | View Website
  • Full Press Release
    Full-year net income was $17.9 billion; company adjusted EBIT of $10.0 billion at midpoint of $9.6 billion to $10.6 billion guidance range, after reclassifying Q1 Rivian gain. Global production capacity of iconic, high-volume BEVs to be at least 600,000 by 2023.
    04/23/2024 - 10:06 pm | View Website
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