Ford Motor is set to report earnings after the bell. Here's what Wall Street expects
Publishing timestamp: 2024-02-06 12:13:55
Summary
Ford Motor is set to announce its fourth-quarter and 2023 earnings after the market closes. Analysts expect a decrease in adjusted earnings per share compared to the previous year, as well as a decline in automotive revenue. Wall Street will also be watching for Ford's 2024 guidance, which is expected to be flat to slightly lower compared to 2023. Additionally, there are concerns about increasing labor costs and headwinds for the company in the form of lower vehicle prices, warranty costs, and losses for all-electric vehicles.
Sentiment: NEUTRAL
Keywords: ford motor co, breaking news: earnings, earnings, breaking news: markets, autos, markets, detroit, business news, business, transportation, general motors co,
Source: https://www.cnbc.com/2024/02/06/ford-f-q4-2023-earnings.html